A new threat intelligence system is being developed that will help corporate and government security officials share information to fight cyber attacks.

Scientists at Georgia Institute of Technology said that their malware intelligence system Titan will combine threat data and a knowledge base that will help officials share information about attacks.

Built on a threat analysis foundation that includes a malware repository that analyses and classifies an average of 100,000 pieces of malicious code each day, Titan will invite companies to anonymously add their threat data and independently verify information; it will vet the members of the community before they are allowed to participate.

In addition to receiving information about attacks and responses at other organisations, members will receive quick reports on malware samples they submit; based on what they have learned from the malware repository and by reverse-engineering malicious code, researchers will be able to provide information on the potential harm from an attack, the likely source, the best remedy and the risks posed.

Christopher Smoak, a GTRI research scientist who heads up the Titan project, said: “Until we get to the point that there's no longer a stigma attached to having an infiltration, people are going to want anonymity to participate.

“We hope to provide information about the trends that organisations can expect to see, and help them prioritise what they should do to address the risks. We have a significant system behind the scenes to facilitate the exchange of information.”

Andrew Howard, a fellow GTRI research scientist, said: “We are looking for additional industry partners to help us use the tool and help refine the system. We believe that members of this community will come together to help each other strengthen defences.”