Threat Management

Cyber threat management is the process of identifying, analysing, evaluating and addressing an organisation’s cyber security requirements.

Cyber threat management helps organisations prevent data breaches, but it also ensures that they’re equipped to deal with security risks when they do occur.

The framework increases the collaboration between people, processes and technology, helping organisations detect and respond to incidents.       

Organizations that successfully adopt and implement the threat management framework often benefit from:

• Lower risk with faster threat detection, consistent investigations and faster response
• Continuous improvement through built-in process measurement and reporting
• Increased security team skills and effectiveness.

Threat Management Challenges

1. Lack of Visibility

Security teams do not have complete visibility of their entire threat landscape with relevant context, including internal and external data sources. This lack of visibility is often caused by the conflict that exists between the lack of integration between point solutions, information technology security teams, and inconsistent processes throughout the organization.

2. Lack of Insights and Necessary Reporting

A security team does not necessarily have insight into specific KPIs (Key Point Indicators) that need to be tracking down. Additionally, there is no easy way to develop progress reports that identify maturity standards and compliance due to a lack of integration between the organization’s point solutions. 

3. Skill Shortage

Due to a skill shortage in the market, security leaders are having a difficult time hiring qualified talent and keeping the current staff motivated.

It is also difficult to find additional staff budget, and security leaders have to find creative ways to “borrow” talent from other cross-functional units such as customer support, technical sales, etc. and then train them to be effective in the field.

Practices for Effective Threat Management

 Effective threat management is achieved when the following framework is applied:

• Insight: Insight into current threat operations with global services that can be tailored locally to meet the unique needs of an organization.

• Visibility: Visibility into the threat landscape, inside and out, with services to test cyber resiliency and technology that can integrate security and non-security data sources.

• Detection: Detection of the most critical threats to an organization through integrations of AI, threat intelligence and attack models derived from years of experience securing top Fortune 500 companies.

• Investigation: Investigation assisted by AI and advanced analytics across structured and unstructured data sources along with multiple degrees of separation correlation capabilities.

• Response: Response that delivers automated actions against the most common threats and dynamic business-wide playbooks that offer orchestration across people, processes and technologies.

As organizations continue to struggle with increasingly frequent and complex attacks, it is essential for them to unite people, process and technology to stop threats faster and more efficiently. Threat management provides a great framework to deliver insights into the threat landscape, help organizations detect threats faster, investigate intelligently with AI and advanced analytics, and remediate rapidly with orchestration and automation.