However, in cybersecurity, where every company is a potential target for threat actors and organisations are increasingly interconnected through supply chains, sharing information can significantly enhance a company’ s security posture and overall resilience.

Additionally, having a sounding board of likeminded CISOs to collaborate with can help alleviate some of the stress associated with the role. With the insights gathered from this network, CISOs can focus on critical issues that need attention. This threat intelligence sharing empowers CISOs to take a proactive approach to threat prevention, enhance cyber resilience and reduce stress in several ways.

Chris Jacob, VP, Global Field Operations at ThreatQuotient

Chris Jacob, VP, Global Field Operations at ThreatQuotient, explores how collaborative threat information sharing can not only strengthen an organisation’ s cybersecurity posture but also contribute to improved mental resilience within security teams facing relentless cyber pressures.

A united front against cyberattacks

Cyberattacks are becoming increasingly sophisticated and frequent across industries and regions. As the threat of malware, ransomware, phishing and data breaches become more novel and frequent, CISOs should lean onto each other and create a united front.

This is achieved by sharing information about these attacks to provide an early warning to the CISO community. More so, CISOs should provide insight into emerging tactics and techniques that are coming through to help others recognise threats in good time.

This is particularly valuable given the number of cyberattacks that companies must withstand daily. Sharing information helps CISOs to understand the scale and scope of threats targeting their industry or region and allows for better planning and prioritisation based on real insights.

Waiting in the wings, poised and ready

Being unprepared for a breach is a costly exercise. According to the IBM Cost of a Data Breach Report 2024, the cost savings associated with a faster response time of under 30 days is over $ 1 million compared to those organisations that take longer.

Threat information sharing networks can act as early warning systems, providing timely alerts about attacks that have recently happened and thereby helping CISOs prepare for an attack.

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