New Developments at CTA
2017-02-24
The Cyber Threat Alliance (CTA) has announced the appointment of Michael Daniel as the organization’s first president and its formal incorporation as a not-for-profit entity.
Additionally, founding members Fortinet, Intel Security, Palo Alto Networks and Symantec have announced the addition of Check Point Software Technologies and Cisco as new alliance founding members. Together, the six founding members have contributed to the development of a new, automated threat intelligence sharing platform to exchange actionable threat data, further driving the CTA’s mission of a coordinated effort against cyber adversaries.
The CTA has evolved to an independent organization with Michael Daniel as its President and a Board of Directors comprised of its six founding members, Check Point, Cisco, Fortinet, Intel Security, Palo Alto Networks and Symantec. Daniel brings extensive expertise to the CTA in developing strategic cyber partnerships and programmes that span the private and public sectors, as well as other nations to build the most effective security solutions. The CTA’s move to an incorporated entity signifies the commitment by industry leaders to work together to determine the most effective methods for sharing automated, rich threat data and to make united progress in the fight against sophisticated cyber-attacks.
The CTA has regularly exchanged information on botnets, mobile threats and indicators of compromise (IoCs) related to advanced persistent threats (APTs), and advanced malware samples. Notable milestones of the CTA’s cooperative efforts cracked the code on CryptoWall version 3 totalling more than US$325 million ransomed. The CTA’s research and findings pushed cybercriminals to develop CryptoWall version 4, which the CTA also uncovered and resulted in a much less successful attack, validating the power of the CTA’s cooperative threat intelligence sharing.
The new CTA platform automates information sharing in the near real time to solve the problems of isolated and manual approaches to threat intelligence. The platform better organizes and structures threat information into Adversary Playbooks, pulling everything related to a specific attack campaign together in one place to increase the contextual value, quality and usability of the data. This innovative approach turns abstract threat intelligence into actionable real-world protections, enabling members to speed up information analysis and deployment of the intelligence into their respective products.
Marty Roesch, Chief Architect, Cisco Security said, “The CTA lets us better take the fight to the bad guys for the common good of the internet. working together, we complete the bigger picture of what we know about important attacks giving us better protections against both large, global attackers and even more discrete, targeted threats. The CTA is a win for the good guys and a setback for attackers.”
Ken Xie, Founder, Chairman of the board and CEO, Fortinet, said, “As a founding member of the Cyber Threat Alliance, we strongly believe in this next level of commitment to help deliver automated, comprehensive threat intelligence to our global customers and all organizations. The CTA becoming a standalone organization signifies that the cybersecurity industry holds a collective responsibility to work together to prevent advanced, global cyber- attacks by sharing meaningful threat findings. The best way to combat the negative impact of cybercriminals and best protect our customers is through cooperation and partnership based on actionable intelligence from diverse sources.”
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