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Silobreaker integrates AI to enhance cybersecurity incident alerts
Threat intelligence firm Silobreaker has announced the integration of AI-enhanced collection and alerting for Material Cybersecurity Incident Disclosures, also referred to as SEC 8-K 1.05 filings. These are required disclosures of 'material cybersecurity incidents' submitted by public US companies to the Securities and Exchange Commission (SEC).
This new feature enables organisations to keep well-informed about crucial cybersecurity disclosures. The research comes searchable via Standard Industry Classifications (SIC), enabling companies globally to investigate filings affecting sectors pertinent to their business operations and remain prepared to handle threats.
SEC 8-K Item 1.05 compels publicly traded US companies to disclose 'material cybersecurity incidents' within four business days of the incident. Primarily envisioned to enhance investor awareness, the SEC 8-K filings offer deeply detailed information on cybersecurity incidents, which can also apprise organisations of impending risks that could potentially influence their operations. Silobreaker's SEC 1.05 collection offers a user-friendly alternative to the otherwise labour-intensive manual searches on the EDGAR website where SEC forms are hosted.
The advanced feature provides users with crucial insights into security breaches, compromises, and the status and outcome of investigations into cybersecurity issues at US firms. The users can easily access detailed descriptions of cyber incidents disclosed, as well as any amendments, and track the subsequent actions taken by the company affected.
Utilising AI-driven analytics, Silobreaker quickly identifies the type of incident and actors involved, the ongoing remediation status, and any anticipated impact the incident could have on the victim company. Coupled with Standard Industry Classification extraction for each filing, this AI-enhanced feature will help analysts save indispensable time.
Kristofer Mansson, the CEO of Silobreaker, affirmed the company's dedication to "empowering our users to produce the most comprehensive and timely intelligence available". Mansson further emphasised the far-reaching implications that a cyber incident impacting a US company might have on companies globally, thus reinforcing the necessity of this feature. "This latest data source, paired with AI-enhanced innovation, unlocks a vital new layer of third-party risk intelligence. By harnessing valuable SEC 8-K data, Silobreaker users can now gain unrivalled visibility into the threats that truly matter."
Silobreaker's integration of SEC 8-K filings collection and alerting consolidates its position as an all-embracing security intelligence platform. This platform offers users a comprehensive view of the best intelligence sources vital for formulating resilient cybersecurity strategies.