This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
This Website Uses Cookies
By closing this message or continuing to use our site, you agree to our cookie policy. Learn More
This website requires certain cookies to work and uses other cookies to help you have the best experience. By visiting this website, certain cookies have already been set, which you may delete and block. By closing this message or continuing to use our site, you agree to the use of cookies. Visit our updated privacy and cookie policy to learn more.
search
cart
facebook twitter linkedin youtube
  • HOME
  • FEATURES
  • RESOURCES
  • BLOG
  • MODELS
  • Back to Security
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Home » Insider threats present big risk to financial institutions

You have 0 Articles Left This Month. Register Today for Unlimited Access.

CyberSecurity NewswireSecurity & Business ResilienceBanking/Finance/Insurance

Insider threats present big risk to financial institutions

November 12, 2020
KEYWORDS banking security / cyber security / cybersecurity preparedness / finance cybersecurity / Financial Cyber Security / financial security
Order Reprints
No Comments

When it comes to reducing overall breach risk, it is easy to assume that employees represent low-hanging fruit – based on the premise that it is easier to control the actions of a company’s own employees than it is to defend against external attackers. However, HelpSystems recently announced research, interviewing 250 CISOs and CIOs in financial institutions about the cybersecurity challenges they face. And the reality is that insider threat - whether intentional or accidental - was cited by more than a third (35%) of survey respondents as one of the threats with the potential to cause the most damage in the next 12 months.

Likewise, phishing emails were cited by 20% of survey respondents. When it comes to insider threat, motivations are a grey area where the reasons behind breaches, whether through simple human error or deliberate actions, are harder to determine. This makes understanding, and mitigating, insider risk a far more problematic exercise. 

You have 0 complimentary articles left.

Register for free today to continue reading!

Already have an account? Sign in here.

Privacy Policy

Related Articles

How to Minimize the Risk of Insider Threats (Physical and Cyber) During COVID-19

Insider Threats Pose Biggest Security Risk, Bettercloud Report Reveals

New Report Reveals How Accidental Insider Threats Put Organizations at Real Risk

SEC-G4S-Podcast-360

Follow G4S on LinkedIn
Tweets by G4S

The latest news and information

Content written for business-minded executives who manage enterprise risk and security

REGISTER TODAY
  • More
    • Market Research
    • Custom Content & Marketing Services
    • Security Group
    • Editorial Guidelines
    • Privacy Policy
    • Survey And Sample
  • Want More
    • Subscribe
    • Connect
    • Partners
  • Privacy
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2021. All Rights Reserved BNP Media.

Design, CMS, Hosting & Web Development :: ePublishing