The definition of “operational risk” is variable but it generally covers the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. I, however, want to re-examine this general definition, so that the definition of operational risk takes into account all the cybersecurity-related risks that are currently plaguing organizations today. With the current definition, one cannot quantify internal processes and people.

Today, I’m excited to announce that AlienVault® Open Threat Exchange® (OTX™) has grown to 100,000 global participants, representing 36% percent year-over-year growth. AlienVault OTX, launched in 2012, is the world’s first free threat intelligence community that enables real-time collaboration between security researchers and IT security practitioners from around the world.

As data growth compounds, organizations face the challenge of deciding how to invest in their future data strategy.