PALO ALTO, CA--(Marketwired - Oct 6, 2015) - Extending the reach of its security intelligence sharing network, HP (NYSE: HPQ) has formed an alliance with Hitachi designed to capture and share Japan-specific threat information. This first-of-its-kind partnership significantly advances HP's efforts to foster a wider reach of international security information sharing, and is an extension of the 25-year alliance between Hitachi and HP.
Through this partnership, Hitachi will join the HP Global Threat Intelligence Alliance and contribute threat intelligence to HP's existing security information sharing platform, HP Threat Central. The platform delivers automated and open sharing of information and contextual analysis that allows organizations to take action. This intelligence will also inform periodically published reports from HP Security Research.
Value of Global Information Sharing
To arm enterprises against an ever growing array of threats, HP Security Research created the HP Global Threat Intelligence Alliance to foster their collaboration. The alliance program provides members with access to private, value-added intelligence from leading industry researchers, analysis of underground forums, and threat actor profiles. In return, these participant enterprises contribute their own intelligence from the threats they face on a daily basis.
"Targeted attacks are becoming more pervasive and the evolving nature of threats continues to be a top security challenge facing organizations around the world," said Ted Ross, Director, Threat Intelligence, Security Research, HP. "Information sharing is fundamental to staying a step ahead of the adversaries, advancing security intelligence and quickly isolating threats to predict threats and protect our most valuable data."
Cyber Crime on the Rise in Japan & Asia Pacific
With cyber attacks on the rise, and impacting Japanese enterprises across the financial services, technology, communications and automotive sectors, this alliance is particularly well timed. In fact, the financial impact of cyber crime continues to rise in Japan, as evidenced by a 68 percent net increase in the past four years, according to the 2015 Cost of Cyber Crime Study conducted by The Ponemon Institute.1
"In recent years, not only corporate IT systems but also critical social infrastructures are facing a growing risk of cyber attacks, with techniques becoming more complex and tenacious," said Shuji Senoo, Senior Director, Advanced Security Technology Operations, Cloud Services Division at Hitachi. "With partnerships like this with HP, Hitachi will share cyber threat data to contribute to more sophisticated society-wide cyber security capabilities by enhancing methods to detect and prevent cyber attacks while minimizing impact on organizational activities."
This announcement comes on the heels of a Cybersecurity Alliance signed between Japan and the United States in April 2015 that will contribute to the growth of international cyber norms. The alliance with Hitachi also builds on previously announced service intelligence feeds to HP Threat Central from a network of other companies, including AlienVault and Crowdstrike.
About HP Security
HP enables organizations to take a proactive approach to IT security, disrupting the life cycle of an attack through prevention and real-time threat detection. With market-leading products, services and innovative security research, HP Security brings a global network of security operations centers and more than 5,000 IT security experts to help customers strengthen their security posture to minimize risk and incident impact.
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1 "2015 Cost of Cyber Crime Study: Japan," Ponemon Institute, October 2015.
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