Cognyte Announces New Release of LUMINAR Cyber Threat Intelligence Offering with GenAI Capabilities to Bring Added Value to Customers
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The introduction of generative artificial intelligence (GenAI) into Cognyte's LUMINAR external threat intelligence solution represents a significant technological advancement in the field of cybersecurity. The integration of AI-driven dashboards into threat intelligence platforms is poised to enhance the efficiency and effectiveness of threat detection and response. By automating the aggregation and analysis of threat data, Cognyte is addressing a critical pain point for threat intelligence analysts and SOC teams who are often overwhelmed by the sheer volume of security alerts and the complexity of the threat landscape.
From a cybersecurity perspective, the ability to quickly prioritize alerts and identify indicators of malicious campaigns is crucial for maintaining robust security postures. The GenAI-driven dashboard leverages a decade's worth of evidence-based threat data, which provides organizations with actionable insights tailored to their specific needs. Such a feature can lead to more informed decision-making and potentially reduce the time to respond to threats. The segmentation of threat visibility by industry or region further refines the relevance of the intelligence provided, allowing for a more targeted approach to risk management.
On the business front, Cognyte's update to its LUMINAR product with GenAI capabilities is likely to resonate positively within the market, particularly among enterprises seeking advanced solutions to bolster their cybersecurity defenses. As organizations continue to face an evolving threat landscape, the demand for sophisticated threat intelligence solutions that can provide rapid and accurate insights is expected to grow. The integration of GenAI into LUMINAR could position Cognyte favorably within this competitive market segment.
The potential for increased operational effectiveness and efficiency could translate into customer satisfaction and retention, as well as attract new clients looking for cutting-edge solutions. Moreover, by automating and enhancing threat intelligence processes, Cognyte may also be able to scale its operations more effectively, leading to potential cost savings and improved margins. These factors are important considerations for investors who are assessing Cognyte's market position and growth prospects.
From a financial perspective, the release of an updated LUMINAR solution with GenAI capabilities could have a significant impact on Cognyte's revenue streams. The enhanced product offering may lead to an increase in sales, particularly if the solution is able to outperform competitors in terms of speed and accuracy of threat detection. The proprietary nature of Cognyte's threat intelligence repository, which has been enriched over a decade, suggests a competitive edge that could be leveraged to command premium pricing.
In addition, the scalability of AI-driven solutions could enable Cognyte to expand its customer base without a corresponding linear increase in costs, potentially improving profit margins. Investors will be interested in monitoring the adoption rate of the updated LUMINAR solution and its impact on Cognyte's financial performance, including revenue growth and profitability metrics. The company's ability to capitalize on this technological innovation will be an important indicator of its long-term financial health and strategic direction.
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Today, threat intelligence analysts race to accelerate the speed of risk assessments while security operations center (SOC) teams struggle to keep up with a deluge of security alerts. LUMINAR’s new GenAI capabilities bring significant added value to Cognyte customers by tackling and making quick work of resource-intensive tasks like aggregation, analysis and prioritization of alerts, investigation leads, indicators of malicious campaigns, and other cybersecurity inputs.
To assist organizations with these resource-intensive tasks, Cognyte has integrated an AI-driven dashboard into its LUMINAR offering, LUMINAR AI Insights. The new AI dashboard is built on Cognyte’s proprietary threat intelligence repository that includes evidence-based threat data regarding global cybersecurity incidents, aggregated over the last 10 years. This feed is now fully automated, structured and auto-enriched through GenAI capabilities, incorporating both proprietary historical data and a daily feed that is automatically customized to the needs of each customer.
Utilizing evidence-based data, this new LUMINAR AI Insights dashboard provides threat-visibility segmentation, such as by industry or region, to extract immediate intelligence insights regarding potential security threats and risks to organizations, and to enable quicker responses.
“GenAI is a game-changer in Cognyte’s markets, and its inclusion in this LUMINAR release will significantly enhance the experience of analysts and SOCs in all industries,” said Gil Cohen, Chief Product Officer, Cognyte. “The new capability takes users to a whole new level of operational effectiveness, gaining unmatched visibility of their threat landscapes in zero time and at huge scale.”
Through LUMINAR AI Insights, security and risk management leaders will gain visibility into different insights, including industry benchmarks, active attack groups (filtered by type, origin, targeted location), exploited Common Vulnerabilities and Exposures (CVEs), targeted systems, prominent Tactics, Techniques and Procedures (TTPs), automatically mapped according to MITRE ATT&CK, and more.
About Cognyte Software Ltd.
Cognyte Software Ltd. is a global leader in investigative analytics software that empowers a variety of government and other organizations with Actionable Intelligence for a Safer World™. Our open interface software is designed to help customers accelerate and improve the effectiveness of investigations and decision-making. Hundreds of customers rely on our solutions to accelerate and conduct investigations and derive insights, with which they identify, neutralize, and tackle threats to national security and address different forms of criminal and terror activities.
Learn more about Cyber Threat Intelligence or visit www.cognyte.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240122578266/en/
Media Contact:
Michelle Allard McMahon
Rainier Communications
prcognyte@rainierco.com
Source: Cognyte Software Ltd.
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