Cyber Squared Says: Solution To Cyber Crime Lies In Firms Sharing Information

The growing number of cyber attacks on U.S. businesses, federal agencies and other institutions could be stymied if the victims of those attacks shared more information about the perpetrators, says Adam Vincent, the chief executive of Cyber Squared.

The three-year-old Arlington company hopes to provide the platform where the information gets shared. Its software, called ThreatConnect, allows individual cybersecurity professionals to swap data about threats, attacks and responses.

This community-driven approach, Cyber Squared contends, allows companies to get ahead of potential threats by seeing the issues others in their industry are facing, as well as seeking input on how to prevent or combat attacks more effectively.

“Those communities can be anywhere from a few companies all the way up to a global industry,” Vincent said. “The power of the community can grow as the number of participants grows.”

That may be more important than ever. Experts predict cyber criminals will continue to gain access to critical information through sophisticated attacks on retailers, financial institutions and other holders of sensitive data.

via Cyber Squared says the solution to cyber crime lies in firms sharing information – The Washington Post.

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