Canadian Enterprises Report Capability, Yet Little Planning, to Battle Insider Threats
Only 14 percent of organizations have a specific definition for insider threats, yet two-thirds claim to be able to handle the risk.
Only about one in seven Canadian organizations surveyed have a specific internal definition of what insider threats could be, even while nearly two-thirds of organizations say they’re prepared to handle them.
According to a report from the Conference Board of Canada, Preventing, Mitigating, and Managing Insider Threats, an inside threat is “any person who has the potential to harm an organization for which they have inside knowledge or access.” That person’s actions could have a negative impact on reputation, financial results, business continuity and more, the report notes, adding that insider threats should be included in organizations’ overall risk management strategies.