17 September 2021

Independent study: Group-IB Threat Intelligence & Attribution can deliver an ROI of 339%

Group-IB, one of the leading providers of solutions dedicated to detecting and preventing cyberattacks, identifying online fraud, investigation of high-tech crimes and intellectual property protection, has today revealed a new study "The Total Economic Impact™ of Group-IB Threat Intelligence & Attribution" carried out by Forrester Consulting, part of an independent research and advisory firm. Based on extensive stakeholder and customer interviews along with financial modelling, Forrester consultants established that organizations using Group-IB Threat Intelligence & Attribution (TI&A) can realize a three-year ROI of 339% with a payback period of less than 6 months. Additionally, the study identified numerous unquantifiable benefits of Group-IB TI&A such as better visibility into digital security threats and improved decision-making about the organization’s security posture.

The new Forrester Total Economic Impact study, commissioned by Group-IB, acknowledged that organizations of all sizes and types are struggling to protect their digital assets and infrastructures, therefore need threat intelligence and attribution tools that enable security teams with faster and more efficient cyber risks management and response. Most recent updates to the information security standard of the International Organization for Standardization, ISO 27002, further fuel the urgency for building a solid corporate threat intelligence program.

To evaluate quantified economic benefits of Group-IB’s system, Forrester consultants interviewed a multinational financial organization with experience using Group-IB Threat Intelligence & Attribution and projected a three-year financial model. In the study, Forrester found that $3 million in direct savings was generated by fraud prevention for compromised payment cards in just three years. This together with opex savings from discontinuing legacy solutions and a 10% increase in a cybersecurity team’s efficiency can generate a net present value (NPV) of $2.6 million and an ROI of 339% for a TI&A customer, according to Forrester’s estimates.

"Group-IB TI&A improved the security posture for the organization, which was much needed for our global business operations. It helped us to mitigate the risk, protect digital assets, and significantly improve vulnerability management", commented one of the Group-IB TI&A customers interviewed for the study, a global head of cyber intelligence and threat analysis at an international financial service company.

Among the benefits from using Group-IB TI&A the Forrester’s study emphasizes the time savings from reduced false positives investigations and better visibility into advanced cyber threats due to the tailored and curated nature of cyber intelligence that Group-IB provides to its customers.

One of the most important aspects to consider from any intelligence vendor is the uniqueness of the sources of where they collect information from, the topology that they have, and the human analysts that support the process. Forrester’s Total Economic Impact study verifies multiple customer feedback loops that the high-fidelity nature of Group-IB’s data far surpasses what other intel vendors are able to provide. Additionally, the Forrester’s Framework significantly helps companies considering an investment to evaluate the potential financial impact of Group-IB Threat Intelligence & Attribution on their organizations.

Nicholas Palmer

Nicholas Palmer

Head of Global Business at Group-IB

Download the study "The Total Economic Impact™ Of Group-IB Threat Intelligence & Attribution", July 2021 here. If you are a CSO, Director of Threat Intelligence, SOC manager, risk analyst, security engineer sign up for a free webinar on October 14, 2021, to explore why organizations are increasingly deploying threat intelligence solutions and the quantifiable returns that they are achieving.

Group-IB is one of the leading providers of solutions dedicated to detecting and preventing cyberattacks, identifying online fraud, investigation of high-tech crimes and intellectual property protection, headquartered in Singapore. The company’s threat intelligence and research centers are located in the Middle East (Dubai), the Asia-Pacific (Singapore), Europe (Amsterdam), and Russia (Moscow).

Group-IB’s Threat Intelligence & Attribution system has been named one of the best in class by Gartner, Forrester, and IDC. Group-IB’s Threat Hunting Framework (earlier known as TDS) intended for the proactive search and the protection against complex and previously unknown cyberthreats has been recognized as one of the leaders in Network Detection and Response by the leading European analyst agency KuppingerCole Analysts AG, while Group-IB itself has been recognized as a Product Leader and Innovation Leader. Gartner identified Group-IB as a Representative Vendor in Online Fraud Detection for its Fraud Hunting Platform. In addition, Group-IB was granted Frost & Sullivan’s Innovation Excellence award for its Digital Risk Protection (DRP), an Al-driven platform for identifying and mitigating digital risks and counteracting brand impersonation attacks with the company’s patented technologies at its core.

Group-IB’s technological leadership and R&D capabilities are built on the company’s 18 years of hands-on experience in cybercrime investigations worldwide and 70,000 hours of cybersecurity incident response accumulated in our leading forensic laboratory, high-tech crime investigations department, and round-the-clock CERT-GIB. Group-IB is a partner of Europol.

Group-IB’s experience in threat hunting and cyber intelligence has been fused into an ecosystem of highly sophisticated software and hardware solutions designed to monitor, identify, and prevent cyberattacks. Group-IB’s mission is to fight high-tech crime while protecting our clients in cyberspace and helping them achieve their goals. To do so, we analyze cyber threats, develop our infrastructure to monitor them, respond to incidents, investigate complex high-tech crimes, and design unique technologies, solutions, and services to counteract adversaries.

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