There are new cybersecurity breaches making headlines every day. According to Cybersecurity Ventures, the cost of cybercrime is mounting and will top $6 trillion annually in 2021, up from $3 trillion in 2015. The average cost of a single ransomware incident is more than $713,000.
So the question is, what can organizations do to help fight the cyber war and avoid being mentioned in the latest who got hacked headlines?
In many cases, cyber attacks are reviewed in silos within an organization. Security analysts are currently using spreadsheets, meetings and/or phone calls to discuss cyber threats. However, companies can work together more efficiently to develop a common defense. When threats are reviewed collectively, information is shared that can help diminish cyber incidents.
To support this kind of collaboration, CenturyLink has signed a deal with King and Union to resell the Avalon platform. This platform provides situational awareness of the complete cyber environment by dynamically graphing the threat for better visualization and awareness.
The Avalon software also provides a collaborative workspace that allows analysts to share information and work together on cyber threat investigations. This information can be shared within an organization or with other organizations without including sensitive or classified information. The software’s ability to enable collaboration in real time empowers security teams to develop unique insight and intelligence on specific threats.
Avalon is a perfect complement to CenturyLink’s portfolio of managed security services, including the Enhanced Cybersecurity Services offering for private and public sector organizations approved by the U.S. Department of Homeland Security.
Cybercrime can be thwarted by user communities working together to analyze and reduce the threats. When trusted peers collaborate on cyber investigations, actions for resolution and remediation can happen more quickly and efficiently. Find out more today by visiting centurylink.com/federal or by contacting email@example.com .