Cloudflare Launches Threat Intelligence Team for Global Safety
Cloudflare Unveils Its Threat Intelligence Team
In a remarkable move for the cybersecurity landscape, Cloudflare, Inc. (NYSE: NET), a leader in connectivity cloud solutions, has introduced its dedicated threat intelligence team, known as Cloudforce One. This initiative marks a significant step towards making vital threat research publicly available for the first time. As organizations grapple with the escalating and ever-changing tactics of cybercriminals, Cloudflare is committed to democratizing access to critical threat insights.
The Importance of Timely Threat Intelligence
Security teams are under unprecedented pressure as cyber threats become more sophisticated and pervasive. With projections suggesting that cybercrime could reach an astounding $10.5 trillion by 2025, organizations are finding it increasingly vital to rely on threat intelligence to navigate this complex digital landscape. Threat actors constantly adapt their methods to exploit vulnerabilities, making it essential for security experts to stay informed about emerging threats and tactics.
Understanding the Evolving Threat Landscape
The current threat environment is marked by a 72% increase in data breaches. To effectively counter these rising threats, security leaders must have access to actionable threat intelligence. This enables them to understand the motives behind breaches and implement proactive strategies to mitigate risks, ultimately fostering greater resilience within their organizations.
Voices from the Leadership
Matthew Prince, CEO and cofounder of Cloudflare, emphasized the company's mission to foster a more secure Internet. He stated, "We believe in helping build a more secure, reliable Internet. Productivity cannot exist without disruptors dismantling the resources of those who misuse this power." This commitment propels Cloudflare in its quest to equip defenders with unparalleled threat insights.
Introducing the Cloudforce One Portal
Cloudflare's innovation extends to the creation of the Threat Intelligence Portal. This centralized platform offers a comprehensive view of the threat landscape, enabling security teams to access valuable intelligence swiftly. Through Cloudforce One, security experts will have real-time reconnaissance capabilities, essential for identifying and responding to threats swiftly.
Recent Insights from Cloudforce One
The Cloudforce One team has already published critical research focusing on emerging threats, notably highlighting a focused threat actor identified as “SloppyLemming.” This actor primarily conducts attacks targeting government and critical infrastructure sectors in South Asia. Their methods often involve credential harvesting, illustrating the need for organizations to fortify their cyber defenses.
Additionally, there has been a noticeable surge in freight fraud aimed at the global supply chain, representing a significant concern for logistics organizations. Notably, a Fortune 500 client in the food and beverage sector reported facing ten or more such incidents monthly, primarily due to double-brokering tactics.
Commitment to Continuous Improvement
Blake Darché, the Head of Cloudforce One, reiterated the importance of threat intelligence by stating, "Threat intelligence is non-negotiable in balancing the scales in favor of defenders." He highlighted that Cloudflare's extensive global network provides the foundation required to defend against these ever-evolving threats, ensuring that security teams have access to the best possible tools to protect their organizations.
Building a Better Internet
Cloudflare's mission encompasses not just blocking threats but also fostering a safer Internet for all users. By deploying cutting-edge technologies and leveraging insights from Cloudforce One, organizations can confidently navigate the tricky waters of cybersecurity. Cloudflare’s prominence as a trusted provider is bolstered by its extensive network, which protects millions of users daily.
Accessing Threat Intelligence
Organizations seeking to stay ahead of emerging threats are encouraged to subscribe for updates from the Cloudforce One Threat Intelligence website. Existing Cloudflare users can seamlessly access the newly available intelligence through their security dashboard, enhancing their strategies for managing cyber threats.
About Cloudflare
Cloudflare, Inc. (NYSE: NET) is a pioneering company dedicated to enhancing the security and efficiency of the Internet. It enables organizations to ensure their networks, applications, and employees are secure while minimizing complexity and costs. By offering a comprehensive suite of cloud-native solutions, Cloudflare empowers businesses globally.
With its robust network, Cloudflare stands as a formidable barrier against threats, effectively blocking billions of attacks each day and earning trust across diverse sectors, including nonprofits and government entities.
Through its innovative solutions and forward-thinking approach, Cloudflare continues to lead the way in ensuring a safer cyberspace for everyone.
Frequently Asked Questions
What is the main goal of Cloudflare's Threat Intelligence Team?
The primary objective of Cloudflare's Threat Intelligence Team is to provide timely and actionable threat insights, helping organizations bolster their cybersecurity defenses against evolving threats.
How does Cloudflare's global network contribute to threat detection?
Cloudflare's extensive global network facilitates the real-time identification of threats, allowing organizations to mitigate risks before they escalate.
What recent threats have been identified by Cloudforce One?
Recent reports have highlighted a focused threat actor, “SloppyLemming,” as well as a rise in freight fraud incidents targeting the global supply chain.
How can organizations subscribe to receive threat intelligence updates?
Organizations can subscribe to updates through the Cloudforce One Threat Intelligence website to stay informed about the latest findings and insights.
What distinguishes Cloudflare from other cybersecurity providers?
Cloudflare's unique combination of cutting-edge technology, a vast global network, and the expertise of Cloudforce One sets it apart as a formidable player in the cybersecurity landscape.
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