First, a Threat Intelligence Platform (TIP) is nothing but a converged form of information aggregating platform that helps an organization gain insights on the latest attack campaigns and treats developing in the current cyber threat landscape.
It helps organizations in knowing when their IT assets will be targeted by attacks and helps them mitigate the risks in advance.
However, as manual track down of threats is impossible, due to sheer volumes of data, analysts use an automated form of software that assists them in collecting, analyzing and sharing information with the teams to ensure identity and prevention of harm from attacks.
How a threat intelligence platform basically works is:
Gathering data from a variety of sources such as chat rooms, social media sources, antivirus logs and past events and then using that information and putting them into TIPs to transform the gathered info into useful intelligence and reports for the organization, after weeding our redundant data from it, of course!
TIPs then integrate their level of intelligence into the in-house security architecture such as firewalls, endpoint detection and response simulators and SIEMs and XDRs to check for threats and block attacks, by directing the alerts to the cyber security personnel.
Hence, those interested in deploying a TIP in their information technology environments, make sure that the solution is filled with a Multi-source intelligence gathering ability, provided data analytics from vast volumes of data and can start rapid response to cut down cost and impact of a security incident on a company.
Who uses a TIP?
Often security operations centers aka SOCs, security analysts and Incident Response Teams aka IRTs use such tools to simplify identity and mitigation of risks for the teams involved in decision making of security strategies.