Amazon, IBM and Cloudflare joining alliance to thwart Cyber Threats

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Almost a dozen technology companies from America, say Amazon, IBM, Cloudflare, JupiterOne, OKT, Morrisville, and Salesforce, have formed an alliance to thwart cyber threats. The aim is to resolve the time delay in reacting appropriately to cyber incidents that could otherwise lead to serious consequences.

All that these companies are going to do is to develop a threat sharing space that acts as a centralized platform to share or exchange threat info, thus eradicating any bottlenecks while sharing threat info.

As almost all are technology-based companies, they all understand the true meaning of a cyber impact and so have the potential to convert a potential information into a tool that can help warn organizations.

Dubbed as Open Cybersecurity Schema Framework, the new threat sharing platform was officially announced on Tuesday at the Las Vegas Black Hat Security Conference 2022.

The announcement comes just when the Biden Administration announced the need for the private sector to take initiative in safeguarding national infrastructure from state sponsored threats. After the incidents such as Solar Winds and JBS Meat and the ransomware attack on Colonial Pipeline, the government of the United States is intending to take stern action against the acts of adversaries.

Previously, it has pressed sanctions on countries like Russia, North Korea and China and included some of their companies on its trade ban lists. But now, it is thinking to prosecute the criminals and tarnish their images publicly through various media platforms. Well, that might not see a light in practical as most of the adversary nations have already imposed a ban on the broadcast or streaming of International Media Channels and YouTube.

 

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Naveen Goud is a writer at Cybersecurity Insiders covering topics such as Mergers & Acquisitions, Startups, Cyber Attacks, Cloud Security and Mobile Security

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