November 16, 2023 at 08:39AM
The discipline of cyber threat intelligence is centered around sharing information to strengthen security defenses. However, a recent poll revealed that only a small percentage of security professionals in the financial services industry are confident in their organization’s level of cyber threat intelligence sharing. Regulatory compliance requirements and the concept of herd immunity are driving the need for increased sharing. Organizations should focus on user-friendly technology platforms, data anonymization, and mechanisms to foster trust when evolving their threat intelligence sharing practices. Ultimately, it’s important to determine how, what, where, and with whom to share information.
Key takeaways from the meeting notes are:
1. Cyber threat intelligence sharing is important for strengthening defenses and enhancing threat intelligence.
2. Despite the consensus on the benefits of threat intelligence sharing, many organizations lack confidence in their sharing capabilities.
3. Regulatory compliance, such as regulatory requirements and executive orders, can drive organizations to engage in threat intelligence sharing.
4. Herd immunity, or sector resilience, is crucial for organizational resilience, and all organizations, regardless of size or sector, should actively engage in sharing communities.
5. User-friendly technology platforms, data anonymization, and mechanisms to foster trust are essential for effective threat intelligence sharing practices. Organizations should focus on platforms with automation capabilities, data anonymization processes, and trust-building mechanisms.
The key question is not whether to share or not, but how to share, what to share, where, and with whom.