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McAfee explores challenges to threat intelligent sharing

According to a company report, ransomware and mobile malware grew by 88% and 99%, respectively, over 2016.

McAfee explores challenges to threat intelligent sharing
Vincent Weafer, vice president of McAfee Labs.

Global cybersecurity specialist McAfee recently unveiled the latest findings from its McAfee Labs Threats Report: April 2017.

The latest releases highlighted the latest challenges experienced by threat intelligence sharing efforts, as well as the design makeup of Mirai botnets, industry-specific attacks, as well as growth trends in malware, ransomware, and mobile malware in the fourth quarter of 2016.

Vincent Weafer, Vice President of McAfee Labs, commented: "The security industry faces critical challenges in our efforts to share threat intelligence between entities, among vendor solutions, and even within vendor portfolios.

"Working together is power. Addressing these challenges will determine the effectiveness of cybersecurity teams to automate detection and orchestrate responses, and ultimately tip the cybersecurity balance in favour of defenders."

In addition to identifying the various challenges afflicting threat intelligence sharing, McAfee labs has also highlighted three key areas where enterprises can focus on advancing their capabilities.

These include simplifying event triage while providing a better environment to investigate high-priority threats; establishing relationships between indicators of compromise that will help indicate connections to attack campaigns; as well as identifying better ways to share threat intelligence between products and other vendors.

"Increasingly sophisticated attackers are evading discrete defence systems, and siloed systems let in threats that have been stopped elsewhere because they do not share information," added Weafer.

"Threat intelligence sharing enables us to learn from each other's experiences, gaining insight based on multiple attributes that build a more complete picture of the context of cyber events."

Other findings from the report also showed changes in malware growth, which saw a decrease in new samples to 17% in Q4, but also a rise to 24% in overall count over 2016 to reach 638 million samples.

Additionally, the figures also showed total mobile malware grew by 99% in 2016, along with an increase in ransomware which grew by 88%.

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