Facebook has now come up with another social network ThreatExchange to help people connect, but the only difference is it targets on a specific topic – cyber security. ThreatExchange is described as “an API-based clearinghouse for security threat information.”
The new social network site is a social platform that allows companies to collaborate and share details on malware and phishing attacks to help and protect their customers better.
Following the massive cyber attacks against the some of the world’s biggest companies, Facebook has taken the initiative to make it simple for the security professionals across industries around the globe to alert and caution about the new threats that have crept in.
For that, the giant social network created the service that allows the companies the same privacy controls as in Facebook. At ThreatExchange, the companies can tweak the settings to decide what they want to share and with whom, without having to reveal any sensitive information.
To begin with, Facebook is joining hands with other social networks, since they all have faced similar attacks. Other social network includes Pinterest, Tumblr, Yahoo, Twitter, Bitly and Dropbox. The platform is expected to attract more partners over time. ThreatExchange is in Beta, but the interested participants can sign-up over the website. For now, the platform is not available for public.
According to ThreatExchange, security threats aren’t typically relegated to just one target, and the lack of communication between malware targets ends badly for everyone. ThreatExchange distinguishes previous means of communication between professionals as ‘inconsistent’ and ‘difficult,’ typically resigned to emails or spreadsheets. The new platform is builds on Facebook’s ThreatData, a framework that stores cyber threat information by security pros for the internal sharing, storing and analyzing threats.
ThreatExchange is considered as the latest attempt to help stave off a plague of cyber attacks hitting corporations and governments worldwide. Following the devastating attack on Sony, US president Barack Obama has allocated $14 billion in the 2016 budget to reinforce cyber security efforts.
Through ThreatExchange, the hope is that, by sharing information, governments and corporations can keep themselves updated with the emerging threats and attacks from which they call for to protect themselves, their employees and their valuable customers. Tougher anti-spam systems are undoubtedly a boon to most denizens of the digital world. When one gets stronger, so does the rest.