New App Can Help VARs, MSPs Keep Tabs On Emerging Threats
By Christine Kern, contributing writer
The Financial Services Information Sharing and Analysis Center (FS-ISAC) and the Depository Trust and Clearing Corp. have collaborated to develop software designed to facilitate cyber threat information collection and sharing, according to Bank Info Security.
The new application is intended for use by financial, retailers, government, healthcare, industrial, and energy sectors, as well as by control systems developers.
“Today, most cyber threat information is provided manually to users from various, unconnected sources. Because of this, on average, it can take firms seven hours to evaluate each threat,” according to Mark Clancy, CEO of Soltra, CISO of DTCC and board member of FS-ISAC in a statement. “With Soltra Edge, one organization’s incident becomes everyone’s defense. The solution will enable clients to send, receive, and store cyber security threat intelligence in a streamlined and automated format, enabling these firms to deploy safeguards against a potential cyber-attack.”
According to Bank Info Security, Soltra Edge will describe threats in a standard way that makes it machine readable, and thus can be routed to participating users, such as a bank or healthcare organization, that can then react to the threat by, for example, pushing out a rule to a firewall to help block it.
The software is designed to support thousands of organizations and pull actionable data from the substantial amounts of data culled, the development partners say. It leverages open standards. including Structured Threat Information eXpression (STIX) and Trusted Automated eXchange of Indicator Information (TAXII).
Bill Nelson, president of Soltra and president and CEO of FS-ISAC explained in the statement, “(Threat intelligence) needs to be available for all critical sectors in order to share information within each sector and also cross-sector to increase resiliency from cyber threats.”
“We believe that combating cyber threats requires partnering across companies and industries —that we are all in this together,” said Sean Franklin, Vice President of Cyber Intelligence, American Express Company and board member of FS-ISAC. “Automating the exchange of threat information will play a vital role in creating a robust community defense strategy that benefits participating members.”