Cyber Threat Alliance (CTA), a group of cybersecurity practitioners has announced the appointment of Michael Daniel as its President and its formal incorporation as a not-for-profit entity. Prior to this, Daniel was working as a Special Assistant to the President and Cybersecurity Coordinator for the White House.
According to the alliance, Daniel has brought extensive expertise to CTA in developing strategic cyber partnerships and programs that span the private and public sector, as well as other nations to build the most effective security solution.
In addition to Daniel’s appointment, CTA’s founding Members Fortinet, Intel Security, Palo Alto Networks, and Symantec announced the addition of Check Point Software Technology and Cisco as new alliance founding Members.
CTA combating cyber-threats
The company claims that it has regularly exchanged information on botnets, mobile threats and indicators of compromise (IoCs) related to advanced persistent threats (APTs), and advanced malware samples since its inception.
The CTA’s research and findings pushed cybercriminals to develop CryptoWall version 4, which claims to have resulted in less successful attacks, validating the power of CTA’s cooperative threat intelligence sharing.
“The future of cyber security is here. The CTA collaboration will enable us to accelerate the pace of innovation as we work to protect the cloud, mobile and provide the best means for advanced threat prevention,” said Gil Shwed, Founder and CEO, Check Point.
The six founding members together have contributed to the development of a new, automated threat intelligence sharing platform to exchange actionable threat data, further driving the company’s mission of a coordinated effort against cyber adversaries.
“We believe there is power in working together, as people, as products and as an industry. For the last three years, we have worked shoulder-to-shoulder with our Cyber Threat Alliance founding Members to share threat intelligence, build context around advanced threats, and provide our customers the benefits of our collective knowledge,” said Chris Young, Senior Vice President and General Manager, Intel Security Group, Intel Corporation.
This ongoing effort will help Intel Security customers build defenses that understand and counter complex attacks more quickly and effectively, throughout all stages of the threat defense lifecycle,” he added.