Threat intelligence analysts assist organizations in comprehending and addressing online dangers. To help their organization's security strategy, they collect, examine, and synthesize data regarding present or possible dangers.

As businesses started to understand the value of continually monitoring for cyber threats rather than simply responding when they occur, a relatively new area called threat intelligence analysis started to take shape.

Threat Intelligence Analyst Job Duties

Threat intelligence analysts have a wide range of responsibilities, which can include:

  • Monitoring security alerts and maintaining awareness of new threats and vulnerabilities in order to identify potential risks
  • Analyzing data from various sources, including network traffic, email logs, malware files, web server logs, DNS records, etc. to identify cybersecurity risks
  • Developing and maintaining threat intelligence databases containing information about cybercrime tactics, techniques, and procedures (TTPs) used by hackers or other actors targeting the organization’s assets
  • Participating in Incident Response activities as necessary in order to identify and contain new threats
  • Conducting investigations into potential threats by collecting data from multiple sources and analyzing it to identify patterns or other significant pieces of information that indicate a specific threat may be occurring or has occurred previously
  • Communicating with executives and other stakeholders on security matters to raise awareness of potential risks and recommend solutions
  • Conducting regular audits of security measures to identify vulnerabilities that could be exploited by unauthorized users
  • Reviewing security policies to ensure compliance with industry regulations and best practices
  • Creating reports about potential threats for internal use by management or external use by customers or other stakeholders

Threat Intelligence Analyst Salary & Outlook

Threat intelligence analysts’ salaries vary depending on their level of education, years of experience, and the company size and industry. They may also earn additional compensation in the form of bonuses.

  • Median Annual Salary: $85,000 ($40.87/hour)
  • Top 10% Annual Salary: $70,500 ($33.89/hour)

The employment of threat intelligence analysts is expected to grow slower than average over the next decade.

Organizations will continue to hire threat intelligence analysts to protect their computer networks and data from cyberattacks. However, the increasing sophistication of cybercriminals and the growing use of encryption are expected to make it more difficult for threat intelligence analysts to keep networks secure.

Threat Intelligence Analyst Job Requirements

A threat intelligence analyst typically needs to have the following qualifications:

Education: Threat intelligence analysts are typically required to have a bachelor’s degree in computer science, information technology, security or another closely related field. Some employers may prefer candidates who have a master’s degree in computer science or information systems.

Training & Experience: Threat intelligence analysts typically receive on-the-job training. This training may include learning the company’s specific processes and procedures, as well as the software and technology they use.

Certifications & Licenses: Threat intelligence analysts don’t need certifications to get hired, but they can earn certifications to improve their skills and demonstrate them to potential employers.

Threat Intelligence Analyst Skills

Threat intelligence analysts need the following skills in order to be successful:

Research: Intelligence analysts need to be able to research topics and find information on the internet, in books and in other sources. They need to be able to interpret the information they find and determine if it’s relevant to their work. They also need to be able to find information on topics they don’t know much about.

Data analysis: Data analysis is the ability to interpret large amounts of information and identify important details. Intelligence analysts use their data analysis skills to identify potential threats and vulnerabilities, evaluate security measures and make recommendations for improvement.

Communication: Threat intelligence analysts often communicate with other members of a security team, including security engineers, security administrators and security managers. They also communicate with other employees of a company to explain the potential risks of certain actions and to offer suggestions for reducing those risks.

Critical thinking: Critical thinking is the ability to analyze a situation and make a decision based on the information you have. As a threat intelligence analyst, critical thinking is important when analyzing data and making conclusions about potential threats. It’s important to be able to make accurate assessments and determine the best course of action.

Technology: A basic understanding of computer systems, software and technology in general can be helpful for a threat intelligence analyst. Knowing how to navigate and use technology can help you identify potential threats and vulnerabilities in computer systems. It can also help you identify potential cyber threats and hacking attempts.

Threat Intelligence Analyst Work Environment

Most threat intelligence analysts work in office settings, although some may travel to attend conferences or meetings. They typically work 40 hours per week, but overtime is not uncommon. Many threat intelligence analysts work for government agencies or private companies that provide security-related products or services. Some threat intelligence analysts may also work for consulting firms that provide security services to clients.

Threat Intelligence Analyst Trends

Here are three trends influencing how threat intelligence analysts work. Threat intelligence analysts will need to stay up-to-date on these developments to keep their skills relevant and maintain a competitive advantage in the workplace.

The Need for Better Collaboration Between Security and Business Teams

As businesses become more reliant on technology, the need for better collaboration between security and business teams becomes increasingly important. This is because security professionals need to be able to understand the risks that are facing the company in order to develop effective solutions.

Threat intelligence analysts can play a key role in this process by providing information about current threats and how they can be mitigated. They can also help to educate business teams about the latest cyber-security trends so that they can make better decisions about where to invest their resources.

The Growth of Threat Intelligence as a Service (TIAAS)

The growth of threat intelligence as a service (TIAAS) is an emerging trend that is seeing increasing adoption among enterprises. TIAAS allows companies to outsource the work of collecting and analyzing data about potential threats, which frees up internal resources to focus on other tasks.

As more and more businesses adopt TIAAS, threat intelligence analysts will be in high demand. These professionals will need to be able to collect, analyze, and interpret data in order to provide valuable insights to customers.

More Focus on Cyber Insurance

As cyber-attacks become more common, businesses are beginning to realize the importance of having cyber insurance. This is because cyber insurance can protect them from financial losses caused by cyber-attacks, such as data breaches or ransomware attacks.

As more businesses begin to purchase cyber insurance, threat intelligence analysts will be in high demand. These professionals are responsible for identifying potential cyber threats and developing strategies to mitigate them.

How to Become a Threat Intelligence Analyst

A threat intelligence analyst career path can be very rewarding, but it’s important to consider all the factors that will affect your success. One of the most important things is to make sure you have the right skills and experience for the job.

You should also think about what type of company you want to work for. Some companies specialize in certain areas of threat intelligence, so it’s a good idea to find out which companies are best suited to your needs. Finally, it’s important to stay up-to-date on the latest threats and trends in the industry.

Advancement Prospects

Threat intelligence analysts can advance their careers by becoming more specialized in their field. They may choose to focus on a specific type of threat, such as cybercrime or terrorism, or they may become experts in a particular region or country. As they gain more experience and knowledge, they can take on more responsibility within their organization, such as leading a team of analysts or managing a larger budget. In some cases, threat intelligence analysts may also choose to start their own consulting business.

Duties & Responsibilities

  • Conduct in-depth analysis of current and emerging cyber threats to identify trends, patterns, and risk indicators
  • Develop actionable intelligence reports detailing findings and recommendations for mitigating risks
  • Maintain up-to-date knowledge of the latest tools, techniques, and methodologies used by adversaries
  • Leverage a variety of data sources, both internal and external, to inform analysis
  • Work closely with other members of the security team to ensure timely and effective communication of threat information
  • Cooperate with law enforcement and other agencies as needed to support investigations
  • Assist in the development and implementation of security policies and procedures
  • Conduct training for staff on cybersecurity awareness and best practices
  • Perform regular audits of systems and networks to identify vulnerabilities
  • Respond to incidents in a timely and efficient manner, providing detailed analysis of events leading up to and during an incident
  • Investigate data breaches to determine root cause and recommend remediation steps
  • Keep abreast of latest industry news and developments to proactively identify potential threats

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Posted 
Jan 10, 2023
 in 
IT & Software
 category

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