Sometimes the hardest part of any project is getting started. But when it comes to strengthening your security operations program, the escalation of cyberattacks over the last few months have shown us there’s no time to waste. You need to make sure you’re leveraging threat intelligence throughout your security operations to understand your adversaries, strengthen defenses, and accelerate detection and response.

We have a saying at Splunk. It goes something like “if you’re ever having a bad day, go and talk to a customer”. What organizations around the world are doing with their data and Splunk brings a huge smile and an eyebrow raising, positive “can’t quite believe you’ve done that” very-impressed nod of the head. That’s never more true than with our security customers.

Data breaches are costing organizations millions of dollars on average. In its 2020 Cost of a Data Breach Report, IBM found that a data breach cost the average organization $3.86 million. This price tag was even greater for organizations located in the United States and operating in the healthcare industry at $8.64 million and $7.13 million, respectively. What’s behind this price tag, you ask?

As organizations continue to evolve their security operations maturity and the SOC increasingly focuses on detection and response, three capabilities are foundational for success – threat intelligence, integration and automation. In a recent webinar, “Evolution of CTI – Use Case in a Modern SOC,” ThreatQuotient’s Yann Le Borgne, together with Ben van Ditmars of Atos and Martin Ohl from McAfee tackle this topic.

Today I’m happy to share more about our partnership with Swimlane, which further reinforces our commitment to empowering security teams everywhere. Today’s security teams rely on the power of Elastic’s high-speed, cloud-scale analytics to solve their most complex and pressing security issues. Swimlane’s security automation platform provides a way for these same teams to accelerate and optimize their workflows for max efficiency and to solve SOAR use cases.

On the heels of announcing the closing of $22.5 million in new financing as a result of strong performance in 2020, I’m proud of our team’s latest innovation that we’re announcing today, ThreatQ TDR Orchestrator is a new data-driven approach to SOAR and XDR that accelerates threat detection and response across disparate systems for more efficient and effective security operations.