$33M for AI Tools: Can Intezer Solve the Cybersecurity Talent Crisis?

Written by:
Alex Davis is a tech journalist and content creator focused on the newest trends in artificial intelligence and machine learning. He has partnered with various AI-focused companies and digital platforms globally, providing insights and analyses on cutting-edge technologies.

Cybersecurity's Critical Labor Shortage: Intezer's Innovative Approach

Addressing the Growing Talent Gap

The cybersecurity sector faces a staggering talent deficit, with over 4 million unfilled positions worldwide and projections suggesting this could escalate to 85 million in just five years. This shortage poses significant risks as cyberattacks increase in frequency and sophistication.

This article will provide a comprehensive look at how Intezer is positioned to tackle these challenges and the potential impact on organizations struggling to safeguard their digital assets.

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Cybersecurity Workforce Gap Infographic

Cybersecurity Workforce Gap

Gap

4.8 million professional shortage in global cybersecurity workforce, a 19% year-on-year increase.

Skills

90% of organizations face skills shortages, with 64% viewing them as more serious than personnel shortages.

Future

85 million unfilled cybersecurity positions expected in the next five years, according to the World Economic Forum.

AI

Increased reliance on AI and automation to mitigate the cybersecurity workforce gap and handle security alerts.

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AUTOMATED TRIAGING FOR SECURITY ALERTS

Intezer's intelligent technology addresses the daunting task of triaging and investigating security alerts. Security teams often face an overwhelming volume of notifications, making it difficult to discern between major breaches and minor incidents. Intezer's solution streamlines this process:

“In most cases, the time to investigate an alert ranges, for humans, between half-an-hour to four hours,” Tevet explained. The investigation includes examining various logs and associated activities, often leading to significant delays in response.

THE SECURITY GENOME PROJECT

Intezer is leveraging its previous research to enhance its offerings further. When last covered, the company had secured $15 million to develop what can be likened to a "genetic map" of security challenges:

Today, Intezer's platform integrates insights from this groundwork, enabling users to distinguish between trivial and critical alerts, and automatically triage notifications that require urgent attention. This development combines:

For instance, Intezer employs OpenAI APIs to analyze natural language in internal communications, which feeds directly into its system for identifying potential security concerns.

ESCALATION OF ALERTS: THE 4% CHALLENGE

Tevet estimates that typically only about 4% of an organization’s alerts escalate to critical status. The significant challenge is determining which of those alerts require immediate attention:

  1. Identify the root causes of alerts.
  2. Prioritize which alerts potentially indicate serious breaches.
  3. Efficiently investigate without overloading security teams.

Tevet shared two instances—one involving a major tech company and another within a large healthcare organization—where security teams initially dismissed what seemed to be low-risk alerts due to time constraints. Despite this, Intezer was able to reassess the situation, uncovering threats linked to a Chinese state actor.

This situation underscores ongoing challenges for Intezer as the cybersecurity landscape evolves. With an influx of new tools developed to detect security anomalies, they must navigate a tipping point where collaboration becomes crucial:

The future path for Intezer remains open, with ongoing discussions about possible integrations, although none have materialized into significant partnerships yet.

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Intezer's Automated Triaging for Security Alerts

Latest Statistics and Figures

Intezer's AI-driven solution can auto-close up to 97% of false positive alerts with no human interaction and provide tuning suggestions to prevent up to 73% of benign alerts.

Historical Data for Comparison

Over the last few years, the global shortage of cyber professionals has been a significant issue, with the World Economic Forum estimating a current global shortage of 4 million cyber professionals. This shortage has been a driving factor for the adoption of automated solutions like Intezer's.

Recent Trends or Changes in the Field

Relevant Economic Impacts or Financial Data

Intezer's solution offers significant cost savings compared to additional hiring or outsourcing to Managed Detection and Response (MDR) services, which can be prohibitively expensive and inconsistent.

Intezer has recently secured funding to further accelerate its growth, with Norwest leading the latest round of funding, highlighting the economic viability and investor confidence in automated security solutions.

Notable Expert Opinions or Predictions

Frequently Asked Questions

1. What is Intezer's approach to triaging security alerts?

Intezer's intelligent technology addresses the daunting task of triaging and investigating security alerts by streamlining the process. Key aspects include:

2. How does Intezer's solution benefit security teams?

Intezer’s solution significantly benefits security teams by reducing the time required to investigate alerts. Traditional methods can take anywhere from half-an-hour to four hours, while Intezer simplifies this process, allowing teams to:

3. What is the Security Genome Project?

The Security Genome Project is an initiative by Intezer that creates a "genetic map" of cybersecurity challenges. This project includes:

4. How does Intezer differentiate between trivial and critical alerts?

Intezer integrates insights from its foundational research to enable users to distinguish between trivial and critical alerts, employing technologies such as:

5. What role does natural language processing play in Intezer's system?

Intezer employs OpenAI APIs to analyze natural language in internal communications, which feeds directly into its system. This process helps in:

6. How many alerts escalate to critical status in organizations, according to Tevet?

According to Tevet, approximately 4% of an organization’s alerts escalate to critical status. This statistic highlights the importance of:

7. Can you provide an example of Intezer's effectiveness?

There are instances, such as in a major tech company and a large healthcare organization, where security teams initially dismissed what seemed to be low-risk alerts. However, Intezer was able to:

8. What challenges does Intezer face in the cybersecurity landscape?

As the cybersecurity landscape evolves, Intezer encounters ongoing challenges which include:

9. What is Intezer's strategy for future partnerships?

Intezer’s future partnership strategy remains open, with discussions about possible integrations ongoing. However, no significant partnerships have materialized yet, which highlights:

10. How does Intezer enhance its response to escalating cyber threats?

Intezer enhances its response capabilities amid escalating cyber threats by:

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