NEW YORK, Oct. 14, 2021 (GLOBE NEWSWIRE) — Cobwebs Technologies announced today that its AI-powered WEBINT platform helps CI operators and governments to detect and monitor cyber threats aimed at their basic infrastructures.
basic infrastructures, including electricity, oil, gas, and water supply systems, in addition as transportation hubs, are under cyberattack. Threat actors attack basic infrastructure for various reasons. Some of these attacks are motivated by hacktivism to make a political statement. Others are launched for ransom, as in the case of the recent cyberattack on the Colonial Pipeline that transports approximately 2.5 million barrels of fuel daily from the Gulf Coast to the Eastern Seaboard. The company paid the threat actors a reported $4.4 million to begin again operations. The third category of cyberattacks on basic infrastructure is conducted by state-sponsored threat actors, such as the recent cyberattack on four basic infrastructure organizations in South East Asia.
The number, intensity, and impact of cyberattacks on basic infrastructures keep rising by 25% – 40% yearly. Governments and network operators are taking action. For example, the current POTUS has signed a Memorandum on Improving Cybersecurity for basic Infrastructure Control and the EU has issued its NIS Directive to protect the national basic infrastructure of its member states. Administrators and operators of basic infrastructures are implementing changes to mitigate or remove cyber risks, but such projects could take months, already years since it requires basic structural changes at high costs.
Due to manpower and time restraints, basic infrastructure operators and government agencies are looking for open source software for automated intelligence on possible and imminent cyber threats. They are turning to open source threat intelligence tools that cannot only detect cyberattacks in real-time but also have cyber threat monitoring capabilities to clarify emerging cyber threats t argeting the basic infrastructure.
“Especially after the Colonial Pipeline cyberattack, it became clear to us that we needed a solution that could detect cyber threats aimed at our oil company in real-time. But already more, we also needed that solution to have cyber threat monitoring capabilities, so we could take proactive measures. After looking at various options, we chose the Cobwebs WEBINT platform since it ticked all the boxes,” stated the IC operation manager of a major oil company. “We wanted a smart and automated solution since we do not have the manpower and skill to collect and analyze big data for actionable insights. The platform of Cobwebs now does that for us – it collects and analyzes applicable data from open supplies on all layers of the internet. It then presents the analyzed results in graphs and maps, so we can see who is planning what and where against us. We also programmed the platform with applicable keywords and phrases to alert us when applicable information crops up. This allows us to be proactive and prevent a possible shutdown of our pipelines following a cyber threat.”
The Cobwebs AI-powered web intelligence platform offers a powerful way for detecting, analyzing, and monitoring threats and risks aimed at basic infrastructures. The platform’s predictive analytics and machine-learning algorithms collect and analyze big data, which allows CI operators to get comprehensive insights for their cyber threat monitoring. The platform employs Natural Language Processing (NLP) algorithms to get insight into the sentiments and intentions of (possible) terrorists and context in multiple languages, which is basic for sentiment examination.
With the WEBINT platform of Cobwebs as part of their toolset, operators and government agencies will be able to clarify and prevent cyberattacks aimed at their basic infrastructures.
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