Some of the world's largest technology companies have decided to collaborate to track and combat cyberattacks through a new cyber-intelligence sharing standard, according to Tech Radar.
The Open Cybersecurity Schema Framework (OCSF), which was launched at the recent Black Hat USA conference, is backed by big names like Amazon Web Services (AWS) and IBM's cybersecurity arm.
When OCSF is activated, it will standardise notifications received from various cybersecurity monitoring endpoints.
This will allow businesses to keep track of incoming intelligence more quickly.
According to one study, more than 75% of 280 security professionals desired greater interoperability for their cybersecurity tools.
Splunk's group vice president of the security market, Patrick Coughlin, stated that people expected them to solve the problems that businesses were facing.
Coughlin stated that security leaders were battling integration gaps between various "sets of application, service, and infrastructure providers."
"This is a problem that the industry as a whole needed to solve."
Because there is so much customer software in the security world, an open standard that is widely accepted can make operations more convenient and efficient.
Currently, IT teams must run multiple dashboards for various actions such as logging in. They are sometimes forced to write additional code.
Aside from AWS, Splunk, and IBM, notable names include Cloudflare, IronNet, Palo Alto Networks, Okta, DTEX Systems, and JupiterOne.
According to reports, documentation work began last year.
