Over
the
past
few
years,
cybersecurity
has
become
a
major
concern
for
businesses
around
the
globe.
With
the
total
cost
of
cybercrime
in
2023
forecasted
to
reach
$8
Trillion
–
with
a
T,
not
a
B
–
it’s
no
wonder
that
cybersecurity
is
top
of
mind
for
leaders
across
all
industries
and
regions.
However,
despite
growing
attention
and
budgets
for
cybersecurity
in
recent
years,
attacks
have
only
become
more
common
and
more
severe.
While
threat
actors
are
becoming
increasingly
sophisticated
and
organized,
this
is
just
one
piece
to
the
puzzle
in
determining
why
cybercrime
continues
to
rise
and
what
organizations
can
do
to
stay
secure.
An
abundance
of
cyber
spending,
a
shortage
of
cyber
security
It’s
easy
to
assume
that
the
solution
to
the
cybersecurity
problem
is
money–
to
hire
more
security
experts,
to
invest
in
more
tools
and
technology.
If
only
it
were
that
simple.
For
one
thing,
experienced
cyber
professionals
are
in
short
supply.
The
(ISC)2
estimates
that
there
are
3.4
Million
unfilled
cyber
positions
globally–
a
26%
increase
year-on-year
from
2020
to
2021.
Additionally,
nearly
70%
of
cybersecurity
workers
“feel
their
organization
does
not
have
enough
cybersecurity
staff
to
be
effective.”
So,
even
if
an
organization
has
the
budget
to
hire
a
small
army
of
cybersecurity
experts,
they
might
not
be
able
to
find
them.
Moreover,
data
from
the
past
several
years
shows
that
organizations
are
investing
more
and
more
on
cybersecurity
each
year.
Gartner
predicts
that
global
spending
on
security
and
risk
management
will
grow
by
more
than
11%
in
2023,
up
to
$188
Billion
from
just
$158
Billion
in
2021.
This
trend
is
expected
to
continue,
with
worldwide
cybersecurity
spending
forecasted
to
climb
11%
each
year
through
2026
to
reach
a
total
of
$267.3
billion.
Despite
these
significant
increases
in
spending,
and
many
businesses
purchasing
a
plethora
of
commercial-off-the-shelf
security
solutions–
one
survey
found
that
the
average
organization
has
76
security
technologies
deployed–
breaches
of
corporate
networks,
systems,
and
data
only
continue
to
become
more
routine.
Breaches
are
becoming
more
frequent
–
and
more
costly
It’s
no
secret
that
cybercrime
is
a
serious
challenge,
but
exactly
how
much
of
a
problem
is
it?
Some
data
suggests
that
the
number
of
cyber
attacks
was
38%
higher
in
2022
than
the
previous
year.
That
comes
after
a
reported
50%
spike
year-on-year
from
2020
to
2021.
While
not
all
of
these
attacks
are
targeted
or
sophisticated,
the
sheer
volume
of
attacks
raises
the
probability
that
one
attack
will
go
undetected–
and
it
only
takes
one
successful
attack
for
an
organization
to
face
serious
costs
and
reputational
damage.
All
too
often,
organizations
react
to
cyber
incidents
only
after
the
attack
is
at
an
advanced
stage,
with
very
few
clues
on
how
the
breach
occurred
and
what
the
threat
actors
might
be
after.
This
leaves
security
teams
scrambling
to
catch
up,
which
slows
down
the
response
and
recovery
processes.
Unfortunately,
as
the
time
it
takes
to
return
to
business
as
usual
increases,
so
too
does
the
cost
of
the
incident.
According
to
the
2022
IBM
Cost
of
a
Data
Breach
report,
it
takes
the
average
organization
a
staggering
277
days
to
fully
identify
and
contain
a
breach.
This
brings
the
average
cost
of
a
data
breach
up
to
$4.35
Million
–
a
figure
high
enough
to
pose
an
existential
risk
to
many
SMBs.
Even
for
larger
enterprises,
this
amount
of
money
is
nothing
to
scoff
at.
A
strategic
shift
is
needed
to
give
organizations
the
capability
to
anticipate
threats,
implement
preventative
strategies,
and
improve
agility
to
detect
and
eliminate
threats
as
quickly
as
possible.
The
journey
to
impactful
intelligence
Without
exception,
every
organization
with
a
digital
presence
will
experience
cyber
attacks.
The
most
effective
approach
is
to
identify
and
respond
to
the
attack
as
early
as
possible.
The
sooner
a
threat
is
detected
and
eliminated,
the
lower
the
probability
that
the
attack
will
be
successful
and
result
in
damages
to
the
organization.
So
the
question
becomes:
how
can
organizations
minimize
the
amount
of
time
it
takes
to
detect
and
defeat
a
threat?
The
answer:
impactful
intelligence
that
improves
visibility
on
risks
and
enables
cyber
agility
in
responding
to
and
taking
down
threats.
In
the
Infosec
world,
it’s
often
said
that
threat
intelligence
must
be
“actionable.”
This
is
true,
but
it’s
just
one
aspect
of
what
constitutes
valuable
intelligence.
In
today’s
hostile
threat
landscape,
intelligence
must
be
impactful.
Impactful
threat
intelligence
must
have
4
properties:
-
Accurate
–
the
intelligence
must
be
true
and
accurate -
Relevant
–
the
intelligence
must
be
relevant
to
the
organization -
Actionable
–
there
must
be
actions
the
organization
can
take
to
defeat
the
threat -
Cost
Effective
–
the
cost
of
the
threat
must
be
greater
than
the
cost
of
remediation
This
new
framework
brings
a
must-needed
shift
from
looking
at
cybersecurity
as
strictly
a
technical
problem,
to
a
new
mindset
where
cybersecurity
is
viewed
as
a
business
challenge
that
must
be
addressed
in
an
efficient
and
cost-effective
manner.
Threat
intelligence
can
no
longer
just
be
an
expense–
it
must
be
a
business-enabler
that
provides
measurable
value
to
the
enterprise.
Cyberint,
a
leading
threat
intelligence
vendor
headquartered
in
Israel,
is
driving
the
evolution
to
impactful
intelligence
with
the
Argos
Edge
platform.
To
learn
more
about
Cyberint’s
new
approach
to
threat
intelligence,
check
out
this
webinar
on
the
Journey
To
Impactful
Intelligence
with
Cyberint
CEO
Yochai
Corem.
There
are
always
risks
involved
when
it
comes
to
cybersecurity,
but
impactful
intelligence
significantly
reduces
the
likelihood
of
a
costly
breach
and
strengthens
security
posture
to
the
greatest
extent
possible.
The
time
for
impactful
intelligence
is
upon
us.
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