8 | | SEPTEMBER 2024IN MY OPINIONCybersecurity threat intelligence (CTI) has become an essential part of modern cyber defence, as organisations seek to understand and respond to the increasingly complex and sophisticated threats facing them. CTI helps organisations identify and track potential threats, as well as provide real-time insights into emerging risks, by collecting and analysing data from multiple sources. However, organisations can often underestimate the full range of uses for CTI, limiting their ability to effectively manage their cybersecurity risks. In this article, we will explore two novel uses for CTI, which organisations may not have considered.The first is Third Party Risk management. It's a hot topic in many regulated industries. In particular, Financial Services where operational resilience regulations require more and more understanding of your third parties, the services they provide to you, and the connections you have to them. This covers not just vendors but the whole panoply of partners, affiliates, service providers, regulators, and anyone with whom your business has a connection or shares data. How do you currently approach this? Many organisations have some form of due-diligence questionnaire they ask their third parties to complete. Some even repeat the process on an annual basis. The question is though, is this really providing the insight you need to manage your risk? Enter threat intelligence. A good CTI provider can provide you with a comprehensive view of the security posture of your third parties from the outside looking By Paul Kelly, Managing Director - Head of Operational Resilience Digitisation, LSEG (LSEG: LON)ARE YOU MAXIMISING THE BENEFIT OF YOUR CYBER THREAT INTELLIGENCE?Paul Kelly
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