To date, companies’ cyber defense plans have been primarily reactive: closely monitoring their IT infrastructures to fight attacks as they happen. EclecticIQ wants to change that. To move into prevention, analysts need a better understanding of their threat landscape to predict or detect attacks and understand potential impact.
This Amsterdam based startup has developed a tool kit for threat analysts that allows them to not only improve their intelligence gathering, but to also share it with trusted colleagues in- and outside the organization, helping each other to become more proactive. For the past year, EclecticIQ has been working with financial institutions and security organizations like NATO NCIA to fine-tune this software. Now it is being made available globally.
The growth of cyber threats and breaches is alarming: in 2014, nearly 43 million security incidents were reported by PWC, a 48%increase from 2013. The threat no longer comes from the ‘lone hacker’ but from well-coordinated crime syndicates and other unfriendly groups hungry for private data, intellectual property, and financial gain. And in 2016 a new piece of legislation sanctioning data breaches comes into effect – meaning that companies who suffer a security breach might now also face extra consequences because of it.
EclecticIQ CEO Joep Gommers elaborates: “Cyber security has become a mainstream concern. Boards and executives finally have cyber threat on their strategic radar. Our technologies help organizations speed up the adoption of a Cyber Threat Intelligence practice and take control of their cyber security.”
Threat analysts need to gather cyber intelligence from a variety of sources to help them puzzle together a picture of the overall threat landscape. The huge quantity of available intelligence makes analysis and prioritization a difficult task. EclecticIQ's Threat Intelligence Platform gathers information from trusted sources, allowing analysts to share intelligence, focus on higher-level analysis, and take back control.
