What is Threat Management?

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What is Threat Management
What is Threat Management? Threat management is
a process that is used by cybersecurity analysts,
incident responders and threat hunters to
prevent cyberattacks, detect cyberthreats and
respond to security incidents.
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Why is threat management important? Most IT and
security teams face information fragmentation,
which can lead to blind spots in security
operations teams. And wherever they exist, blind
spots compromise a teams ability to identify,
protect, detect and respond to security threats
at the speed of Zero-Day attacks. Todays
dangers now include AI/ML powered mutating
software, advanced persistent threats (APT),
insider threats, and vulnerabilities focused on
on premises, IoT/OT and cloud computing services
and hosted software as a service far more than
more than legacy antivirus software can handle.
With the ever-disappearing perimeter of
protected IT infrastructure and todays remote
workforce, enterprises constantly face new
complex risks and security threats 24/7. Lets
begin with an overview of the critical nature of
threat management in todays digital landscape.
Then we will highlight the increasing complexity
and frequency of cyber threats that organizations
face.
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Importance of Threat management Threat
management is a critical component of modern
cybersecurity strategies, encompassing the
identification, assessment, and response to
cyber threats to protect information, assets, and
networks. The importance of threat management
stems from its role in safeguarding an
organizations digital infrastructure against the
ever-evolving landscape of cyber threats. Below
are key reasons why threat management is
indispensable for organizations of all sizes and
verticals
1. Protection Against a Wide Range of
Threats Threat management involves defending
against a variety of cyber threats including
malware, ransomware, phishing attacks, insider
threats, behavioral anomalies, and advanced
persistent threats (APTs). By implementing a
robust threat management strategy, organizations
can protect themselves against both known and
emerging threats, ensuring the integrity,
confidentiality, and availability of their data.
2. Minimizing Financial and Operational
Impact Cyber incidents can result in significant
financial losses due to system downtime, data
breaches, legal fees, forensics, reporting, and
more. Effective threat management minimizes the
risk of such incidents,
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thereby protecting the organization from
potential financial and operational disruptions.
By detecting and responding to threats swiftly,
organizations can reduce the severity of attacks
and avoid costly downtimes.
3. Ensuring Compliance and Protecting
Reputation Many industries are subject to
regulatory requirements that mandate certain
levels of cybersecurity measures, including
effective threat management practices. Failure to
comply can result in hefty fines and legal
penalties. Additionally, a successful attack can
severely damage an organizations reputation,
eroding customer trust. Effective threat
management helps ensure compliance with
regulatory standards (such as PCI-DSS, HIPAA,
CMMC, NIST 2.0, NIS2) and protects the
organizations reputation by maintaining the
security of sensitive data.
4. Enhancing Strategic Decision-Making Threat
management provides valuable insights into the
threat landscape and the organizations security
posture. This information is crucial for making
informed strategic decisions regarding security
investments in software people, threat
intelligence feeds, and policies and more. By
understanding the nature and frequency of
attacks, organizations can allocate resources
more effectively and develop strategies that
address their most significant vulnerabilities.
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5. Supporting Business Continuity and
Resilience In the face of a cyberattack,
maintaining operational continuity is paramount.
Threat management plays a vital role in business
continuity planning by identifying potential
threats to critical systems and processes, and by
developing strategies to mitigate those threats.
This ensures that the organization can continue
to operate and recover quickly from an attack,
thereby minimizing the impact on business
operations.
6. Facilitating a Culture of Security A
comprehensive threat management program raises
awareness about cybersecurity across the
organization, fostering a strong security
culture. When employees understand the potential
threats and the importance of adhering to
security policies, they become an active part of
the organizations defense mechanism. This
collective vigilance significantly enhances the
overall security posture.
How does threat management work? Threat
management is a comprehensive approach
encompassing various processes and technologies
to protect an organizations data, systems, and
networks from cyber threats. It involves the
identification, assessment, prioritization, and
response to threats, aiming to minimize the
impact of potential security incidents. Heres an
overview of how threat management works
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• Threat Identification
• The first step in threat management is
  identifying potential threats. This involves
  gathering and analyzing data from various sources
  to detect activities that could indicate a
  threat. Sources include network traffic, logs
  from firewalls and endpoint protection systems,
  threat intelligence feeds, and more. Advanced
  legacy tools and technologies like intrusion
  detection systems (IDS), security information and
  event management (SIEM) systems, and now machine
  learning (ML) and artificial intelligence (AI)
  can automate the detection process, identifying
  known threats and unusual patterns that could
  indicate new or emerging threats. Unlike
  human-only driven store and query approaches,
  todays modern SIEMs possess the ability to
  track the attacks over time and correlate
  indicators of compromise and indicators of
  behaviors at scale.

2. Threat Analysis Once potential threats are
identified, they must be analyzed to understand
their nature, origin, and potential impact. This
analysis helps differentiate false positives from
genuine threats and provides insights into the
tactics, techniques, and procedures (TTPs) used
by attackers. Often that involves mapping them to
the MITRE ATTCK framework. Threat analysis
involves examining the threats behavior, the
systems or data targeted, and any vulnerabilities
being exploited. This step is crucial for
prioritizing threats based on their severity and
potential damage.
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3. Threat Prioritization Not all threats pose
the same level of risk to an organization. Threat
prioritization involves assessing the severity of
identified threats and ranking them based on
factors such as their potential impact on
critical systems, the likelihood of exploitation,
and the sensitivity of the data at risk. This
prioritization enables organizations to allocate
their resources and efforts effectively, focusing
on mitigating the most critical threats first.
4. Threat Response Once threats have been
prioritized, the next step is to respond to them
appropriately. The response can vary depending on
the nature and severity of the threat and may
include measures such as patching
vulnerabilities, isolating affected systems,
removing malware, and updating security policies
and controls. Incident response teams may be
deployed to manage the situation, containing the
threat, eradicating the cause, and recovering any
affected systems or data. Even more interesting
is that todays modern SIEM and SOAR capabilities
are powered by AI/ML to respond 24/7 in an
automated way to contain, block and stop threats
from causing damage or data exfiltration.
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5. Post-Incident Analysis After a threat has
been managed, its important to conduct a
post-incident analysis to understand what
happened, how it was handled, and what can be
done to prevent similar incidents in the future.
This involves reviewing the effectiveness of the
response, identifying any gaps in the
organizations security posture, and updating
threat management processes and security measures
accordingly.
6. Continuous Monitoring and Improvement Threat
management is an ongoing process. Organizations
must continuously monitor their networks and
systems for new threats, reassess their security
measures, and update their threat management
practices based on evolving cyber threats and
changing business needs. This includes staying
informed about the latest cyber threats and
trends, updating threat intelligence, and
continuously training staff on security awareness
and best practices.
Id be remiss if I did not introduce Seceon as a
leading provider of real-time automated detection
and response built on a foundation of threat
management.
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Seceons powerful AI/ML-powered aiSIEM, aiXDR,
and aiSIEM-CGuard solutions operate in real-time
and perform efficient automated detection and
response. Seceons comprehensive threat
intelligence and vulnerability analysis
foundation enables a strong program for threat
management. Lets briefly look at how Seceon
uses cutting-edge technologies such as AI and ML
for real-time threat detection and response.
Highlight key features of Seceons solutions,
such as
Real-Time Detection Using advanced analytics to
identify threats as they occur. Automated
Response Mechanisms that enable the immediate
neutralization of threats without manual
intervention. Comprehensive Visibility The
platform offers a holistic view of the network,
enabling organizations to identify
vulnerabilities and potential threats. The
benefits of Seceons platform and its foundation
of threat management illustrate the advantages of
deploying Seceons unified platform includes
Enhanced Security Posture Strengthened defenses
against a wide array of cyber threats.
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Reduced Incident Response Time Faster mean time
to detection and mean time to response to
incidents, (MTTR, MTTD) minimizing potential
damage. Compliance and Risk Management Helping
organizations meet regulatory compliance
requirements and manage risks more
effectively. Cost-Effectiveness Reducing the
financial impact of cyber incidents through
proactive threat management.
Read some of our case studies from among our
7,800 global organizations that benefit
from Seceons platform. 
Contact Us
Address - 238 Littleton Road Suite 206 Westford,
MA 01886 Phone no - 1 (978)-923-0040 Email Id
- sales_at_seceon.com Website - https//www.seceon.c
om/