Cyber Threat Alliance welcomes new member companies

• Cyber Threat Alliance (CTA) expands member base and global reach to 26 companies adding K7, Scitum, and Verizon to advance information sharing throughout the private sector

Cyber Threat Alliance (CTA), a nonprofit organization working to improve the cybersecurity of the global digital ecosystem, recently announced the joining of three new member companies.

K7 Computing, Scitum, and Verizon have all joined CTA, bringing CTA’s membership to 26 companies from across the cybersecurity industry and expanding its global reach. These companies have joined together to share timely, actionable, and contextualized threat information and enable improved defenses against advanced cyber adversaries.

“We are very excited to welcome three new members to CTA, and for the opportunities this presents for all our members to continue to grow our data sharing capabilities,” said Michael Daniel, President and Chief Executive Officer (CEO) of CTA. “On average, our members are sharing four million indicators of compromise each month, with most submissions including useful contextual information, such as malware name or actor techniques.

The unique data and insight that K7, Scitum, and Verizon will bring to the table provides all CTA members with an even richer and more diverse pool of threat intelligence information being shared in the CTA platform, meaning increased protections for all.”

J Kesavardhanan, Founder and Chief Technology Officer of K7 Computing stated, “Cyber threats originate from across continents, with sophisticated cybercriminals employing coordinated, targeted attacks for maximum exploitation. Cooperation among cybersecurity solution providers is the key to robust, proactive protection across all customer segments. CTA’s platform enables contextual threat information sharing among cybersecurity vendors in near real-time, helping us to deploy relevant, timely and actionable threat intelligence to our customers. K7 being one of the earliest cybersecurity players from India, we are glad to represent the Indian fraternity at CTA and contribute to its purpose.”

“In this day and age, cybernetic threats represent one of the main risks for businesses, given the impact that they may generate in the organization; therefore, collaboration between global security companies has become necessary,” said Ulises Castillo, CEO, Scitum. “CTA allows us that level of exchange of information that contributes to detect, avoid threats, and respond in a more agile way to protect the key assets of our customers; that’s how with joint efforts we can also contribute to improve the cybernetic environment of our country.”

“Cyber attacks are truly one of the biggest threats and concerns for American corporations, government agencies, consumers and our nation,” said Chandra McMahon, Verizon Chief Information Security Officer. We’re looking forward to a vibrant and productive partnership with CTA on this initiative. Protecting critical networks and related infrastructure must be a top priority for everyone in the nation. We can be most successful by combining our knowledge, resources and working together against those intending to damage and bring harm to our nation’s essential assets, including communication networks. This partnership with CTA has the potential of doing good things for all involved.”

Cyberspace is growing rapidly, increasing the available attack surface for malicious actors to wreak havoc and exploit vulnerabilities. Sharing information between cybersecurity companies at machine-speed, as well as through coordinated disruption activities and vulnerability disclosures, and during significant cyber incidents helps provide visibility and generate insights about malicious activities and behavior patterns in order to better understand our adversaries’ goals and tactics.

CTA members protect customers across all continents and all 16 U.S. critical infrastructure sectors, and the membership of these new companies will help expand the information available to CTA members by generating new types of data, as well as further expanding our global footprint.