CYE Insights

The Importance of Threat Intelligence Monitoring in Cybersecurity

September 6, 2023

The Importance of Threat Intelligence Monitoring in Cybersecurity

We all know that ransomware attacks are a significant cyber threat. One critical component in the aftermath of a ransomware attack is threat intelligence monitoring.

Recent incidents that we have dealt with highlighted how many times, threat actors, instead of immediately releasing stolen data or encrypting files, employ a more insidious approach, waiting weeks, months, or even a year before publishing the compromised data on the dark web or other platforms. We have seen that with an Iranian group, with the criminal enterprise BlackBasta, and more.

This delayed data publication poses a severe threat to affected organizations, as it extends the impact of the ransomware attack far beyond the initial breach. Such a prolonged timeline presents significant challenges for traditional incident response strategies, making it imperative for organizations to adopt comprehensive threat intelligence monitoring measures.

Monitoring the Dark Web and Various Sources

Close monitoring of the dark web and other sources is essential for detecting leaked data. Threat intelligence analysts continuously scour the hidden corners of the internet to identify any potential traces of stolen information from recent or past attacks. By proactively tracking these platforms, organizations can gain crucial insights into their data exposure and the activities of threat actors.

Benefits of Ongoing Threat Intelligence

Timely threat intelligence empowers organizations to react swiftly when their data surfaces in the dark web. By being aware of the publication of compromised information, companies can take proactive steps to inform affected individuals, customers, or partners about potential data breaches. This level of transparency helps in building trust and demonstrates a commitment to data protection.

Additionally, ongoing threat intelligence enables organizations to identify trends in the attackers’ behavior and tactics. Armed with this knowledge, cybersecurity teams can develop more effective strategies to prevent similar incidents in the future and improve their overall resilience against ransomware attacks.

In general, a ransomware attack leaves organizations vulnerable, even after the immediate incident response and data recovery phases. Hackers might have implanted backdoors or retained access credentials, potentially leading to future attacks. Here’s how threat intelligence monitoring comes into play:

1. Early Detection of Secondary Attacks

Threat intelligence monitoring allows organizations to identify any suspicious activities or indicators of compromise that might signal a secondary attack after the ransomware incident. With continuous threat data, IT teams can promptly respond to potential threats before they escalate into another crisis.

2. Insights into the Attackers’ Tactics

Understanding the modus operandi of the attackers is crucial for preventing future attacks. Threat intelligence monitoring provides valuable data on the techniques, tools, and procedures used in the ransomware attack. This knowledge helps organizations adapt and enhance their security measures to mitigate similar threats in the future.

3. Vulnerability Identification

In the wake of a ransomware attack, organizations often find vulnerabilities in their systems that the attackers exploited. Threat intelligence monitoring assists in identifying these weaknesses, enabling businesses to patch and fortify their infrastructure against known vulnerabilities.

4. Proactive Defense Strategies

Threat intelligence empowers organizations to take a proactive approach to cybersecurity. Armed with relevant threat data, businesses can anticipate potential attack vectors and implement targeted defense strategies to thwart future ransomware attempts.

5. Collaborative Sharing and Learning

Threat intelligence is not limited to individual organizations. Information sharing and collaboration among businesses, industries, and cybersecurity communities are essential for building a collective defense against ransomware attacks. By participating in information-sharing platforms, organizations can contribute to and benefit from shared knowledge.

How CYE Can Help

In just the last five years, CYE’s expert threat intelligence department has handled hundreds of cyber incidents instigated by state actors. We believe that the organizational cybersecurity framework should be built against the potential attacker’s capabilities, intentions, and work methods.

Our team:

• Monitors customers 24/7 on a variety of internet platforms including social media, telegram, and the dark web.
• Provides customers with online alerts when needed as well as scheduled reports.
• Focuses on three main areas:

  1. Brand – the company itself, its domains, IPs, emails, subsidiaries, etc.
  2. TechStack – the company’s most important technologies. This monitoring allows us to alert in near real time about vulnerabilities to these technologies, even before they become highly scored CVEs.
  3. Key personnel – our team creates a list of key personnel that may hold sensitive information and/or strong permissions credentials. We monitor these people on all platforms as well.

Conclusion

The evolution of ransomware attacks demands a proactive approach to cybersecurity, especially when it comes to data breaches and the delayed publication of stolen information. The significance of threat intelligence monitoring after a ransomware attack cannot be overstated. Detecting data leaks or publications on the dark web in a timely manner enables organizations to mitigate the long-term consequences of these incidents.

By actively monitoring dark web activities, engaging in ongoing threat intelligence, and fostering collaboration across the cybersecurity community, businesses can bolster their resilience against ransomware attacks. It is crucial to remain vigilant, adaptable, and proactive to protect valuable data, uphold customer trust, and stay one step ahead of the ever-evolving threat landscape. Only through a collective effort can organizations effectively combat the menace of ransomware and safeguard their digital assets in today’s interconnected world.

Want to learn more about CYE’s threat intelligence monitoring? Contact us

Lionel Sigal

By Lionel Sigal

Lionel Sigal is the Head of CYE’s Cyber Threat Intelligence, which is part of the Critical Cyber Operations (C2Ops) division. With over two decades’ experience working in the Israeli defense and intelligence community, Lionel has extensive strategic analysis abilities and is also an avid model plane collector.