Group-IB Threat Intelligence & Attribution can deliver 339% ROI
SINGAPORE, September 17, 2021 / PRNewswire / – Group-IB, a leading provider of solutions for cyber attack detection and prevention, online fraud identification, high-tech crime investigation and protection of intellectual property, today unveiled a new study “The Total Economic Impact â¢ of Group-IB Threat Intelligence & Attribution” produced by Forrester Consulting, which is part of an independent research and consulting firm. Based on in-depth interviews with stakeholders and customers as well as financial modeling, Forrester consultants determined that organizations using Group-IB Threat Intelligence & Attribution (TI&A) can achieve a three-year return on investment of 339% with a payback period of less than 6 month. In addition, the study identified many unquantifiable benefits of Group-IB TI&A, such as better visibility into digital security threats and better decision-making regarding the organization’s security posture.
The new Forrester Total Economic Impact study, commissioned by Group-IB, recognized that organizations of all sizes and types struggle to protect their digital assets and infrastructure, and therefore need threat intelligence tools and attribution that enables security teams to manage cyber risks faster and more effectively. management and response. The most recent updates to the International Organization for Standardization’s information security standard, ISO 27002, further fuel the urgency to create a robust threat intelligence program for the business.
To assess the quantified economic benefits of the Group-IB system, Forrester consultants interviewed a multinational finance organization experienced in using Group-IB Threat Intelligence & Attribution and projected a three-year financial model. In the study, Forrester found that $ 3 million in direct savings were generated by fraud prevention for compromised payment cards in just three years. This, along with the operating savings resulting from the abandonment of existing solutions and a 10% increase in the efficiency of a cybersecurity team, can generate a net present value (NPV) of $ 2.6 million and a 339% ROI for a TI&A customer, according to Forrester’s estimates.
âGroup-IB TI&A improved organizational security, which was essential for our global business operations. This has helped us mitigate risk, protect digital assets and dramatically improve vulnerability management, âcommented a member of Group-IB TI&A. clients interviewed for the study, a global head of cyber intelligence and threat analysis at a global financial services company.
Among the benefits of using Group-IB TI&A, Forrester’s study emphasizes saving time through reduced false positive investigations and increased visibility into advanced cyber threats thanks to nature personalized and organized cyber intelligence that Group-IB provides to its clients.
âOne of the most important aspects for any intelligence provider to consider is the uniqueness of the sources from which they collect information, the topology they have, and the human analysts who support the process,â says Nicolas palmer, Head of Global Activities at Group-IB. âForrester’s Total Economic Impact Study verifies several customer feedback loops that the high fidelity nature of Group-IB’s data far surpasses what other intelligence providers are able to provide. Additionally, the Forrester framework significantly assists companies considering an investment to assess the potential financial impact of Group-IB Threat Intelligence & Attribution on their organizations. “
Download the study “The Total Economic Impact â¢ Of Group-IB Threat Intelligence & Attribution,” July 2021 here. If you are CSO, Director of Threat Intelligence, SOC manager, risk analyst, security engineer Register now for a free webinar on October 14, 2021, to explore why organizations are deploying more and more threat intelligence solutions and the quantifiable returns they get.
Groupe-IB public relations team