25 September 2024, Wed |
10:23 PM
Cloudflare, Inc. (NYSE: NET), a connectivity cloud company, has unveiled its plan to make its highly sought-after threat intelligence research public for the first time. This move underscores Cloudflare’s commitment to democratizing access to crucial threat insights and enhancing global cybersecurity.
Cloudflare’s threat intelligence team, Cloudforce One, combines its expertise with the company’s extensive global network — one of the largest in the world — to provide security teams with timely information on the malicious tactics and trends underpinning the 158 billion threats blocked daily by Cloudflare.
As cybercriminals continually evolve their tactics for efficiency and profit, the threat landscape becomes increasingly complex and overwhelming. With projections indicating cybercrime could reach $10.5 trillion annually by 2025, access to robust threat intelligence is more critical than ever. It offers clarity on breach causes and proactive measures for prevention, enabling security leaders to make informed decisions and enhance resilience.
Matthew Prince, CEO and co-founder of Cloudflare, emphasized the importance of this initiative: “We believe in building a more secure, reliable Internet. However, this cannot happen without disrupting and diminishing the resources of hackers who exploit its power for personal or political gain. Today, Cloudflare is empowering defenders by sharing nuanced threat intelligence with the industry at large.”
The newly launched Threat Intelligence Portal provides a centralized view across the threat landscape. Through Cloudforce One, Cloudflare will now offer expert support in identifying and responding to emerging threats and delivering real-time reconnaissance. Key insights recently published include:
– South Asia-Focused Threat Actor “SloppyLemming”: This actor targets governments, defense sectors, and critical infrastructure in Pakistan, primarily using credential harvesting techniques to exploit its targets.
– Increased Attacks on the Global Supply Chain: Freight fraud has surged since January 2024, with a notable rise in “double-brokering” attacks, where threat actors impersonate transport companies to capture payment for deals. One Fortune 500 food and beverage customer has faced around 10 such incidents monthly.
Blake Darché, Head of Cloudforce One at Cloudflare, noted, “Threat intelligence is essential for tipping the scale back in favor of defenders. With Cloudflare’s global network, Cloudforce One is uniquely positioned to identify and neutralize today’s threat actors, protecting the integrity of the Internet.”
To stay updated on Cloudforce One’s ongoing threat intelligence releases, subscribe to updates on the Cloudforce One Threat Intelligence website. Existing Cloudflare customers can access new intelligence through their Cloudflare security dashboard.
Cloudflare’s mission is to build a better Internet, achievable only by detecting, disrupting, and degrading threat actors who seek to undermine trust for personal or political gain. Cloudforce One leverages Cloudflare’s expansive global network — covering about 20% of the Internet — to provide unmatched visibility into global events and nefarious activities, enabling real-time reconnaissance and tactical success.
