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Over a dozen companies developing a single standard to detect cyberattacks faster

Washington (CNN Business)More than a dozen companies in the cybersecurity space have created a single platform for sharing data on hacks. is developing an open standard for The project could help organizations detect cyberattacks more quickly, the companies said.

Initiative involving Amazon (AMZN), Cloudflare, CrowdStrike,. IBM (IBM), Okta and Salesforce (CRM)and others aim to solve a significant bottleneck in sharing threat information. Various data formats used by multiple cybersecurity tools and products today.

Companies say this discrepancy can delay understanding how cyberattacks are unfolding. This is because data from one tool often needs to be converted into a compatible format to work with another tool.Amazon Web Services (AWS), the cloud computing division of Amazon This can hinder the analysis of potential threat data, says Mark Ryland, top cybersecurity executive at Microsoft.

In releasehe said Ryland: “Customers say their security teams are spending too much time and energy normalizing data across different tools, unable to focus on risk analysis and response.”
42} The new standard, known as the Open Cybersecurity Schema Framework, was unveiled at the Black Hat Cybersecurity Conference in Las Vegas on Tuesday. The project is led by AWS, cybersecurity firm Symantec, and data analytics firm Splunk.

"The OCSF initiative is truly unprecedented," said Erkang Zheng, CEO of cybersecurity firm JupiterOne, in a release. “Normalizing data before ingestion has been one of the biggest pain points for security professionals.

This initiative will help the Biden administration protect critical infrastructure and infrastructure from waves of cyberattacks. It was born when we stepped up our outreach to the private sector in hopes of protecting other U.S. assets. Last month, U.S. officialsannounced an initiative to fill hundreds of thousands of vacant cybersecurity jobs, making talent shortages a national security challenge and an economic threat to the middle class. I explained that it is also a great opportunity.