Tech Giants Facebook, Twitter and Yahoo Form Cybersecurity Alliance

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Tech giants Facebook and Yahoo announced the formation of “ThreatExchange.” This partnership, which involves several big companies such as Pinterest, Tumblr, Twitter, Dropbox and Bitly, are working together to thwart potential cyberattacks.

Built on the Facebook infrastructure, the cybersecurity alliance allows all members to query threat information and publish to all or certain organizations. The goal of the alliance is to be able to share potential threats easier than ever before. Learning from each other, the companies hope to reduce cyberattacks among all of their companies collaboratively.

ThreatExchange is an attempt to make the Internet safer.

Major attacks on Sony Pictures, Home Depot and the government itself have prompted the government to take action against the growing concern of cyberattacks.

The United States government also unveiled the creation of a new cybersecurity agency. The agency will monitor threats and analyze potential security risks. Called the “Cyber Threat Intelligence Integration Center”, the agency will work to determine how attacks occur and who is behind them quickly.

An official stated that all of the nation’s potentially targeted departments and agencies will be able to view these threats in real-time to be able to counterattack cyberattacks.

Currently, several branches of the government have their own cybersecurity teams. The new agency will be an attempt to combine all of these teams into one central team that flows seamlessly together.

The agency will also have centers with one being dedicated to alerting private sector companies of potential threats.

ThreatExchange and the new government agency both being announced in the same weeks point to the rise in cybersecurity concerns. While not linked, it is expected that these two separate entities will work together to further thwart cyberattacks and secure infrastructure.

Collaborating together will allow all of the government and private sector tech companies to form a new understanding of cyberattacks and how they transpire.

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