How Threat Information Sharing is Changing the Cyber Security Landscape

With the rapid-fire ransomware attacks and other cybersecurity breaches, no single solution can prevent them all. Hence the desperate need for effective intelligence sharing systems. When no silver bullet exists, organizations must and share information to better arm their defenses against all forms of attack. Yet stakeholders are often nervous about sharing information that they believe could jeopardize their company’s security posture, brand reputation – or even stock value. The speaker will explain how his company helped establish one of these cyberthreat sharing platforms – the HITRUST Cyber Threat XChange (CTX). The CTX is an automated intelligence sharing system used by payers and providers in the healthcare industry. Ed will demonstrate how intelligence sharing helped healthcare organizations prevent a breach during the 2017 WannaCry ransomware attack and use this as an example to highlight the good that can come from collective intel. Attendees will understand how intelligence sharing helped healthcare organizations prevent a breach during that incident and how this intel sharing concept can be applied to other industries.