Articles Tagged with ''insider threats''

While legislators have passed a multitude of statutes to aid in the protection of our economic interests pertaining to data systems – non-physical assets and privacy – frequently any course of action is still determined by the concept of monetary loss and treated as if someone was stealing or damaging physical assets, or as in the case of the Stored Communications Act (SCA), creating a statue that has been described as dense and confusing to even legal scholars.

Almost 1.2 million shoplifters and dishonest employees were apprehended in 2013 by just 23 large retailers. Over $199 million was recovered from these thieves, according to the 26^th Annual Retail Theft Survey from Jack L. Hayes International.

Despite heightened awareness of insider threats, most organizations continue to grapple with how to mitigate risks to their networks and sensitive information.

New research suggests that within US organizations, the possibility of insider threats tops all worries.

Authorities said Thursday that they suspect at least 14 baggage handlers at Los Angeles International Airport of stealing thousands of dollars in electronics, jewelry and other high-priced items from bags and other property at the airport.

Findings from a survey show that IT security professionals consider external threats from cybercriminals to be the more concerning issue facing the security of organizations’ sensitive information today.

Forty-one percent of U.S. business leaders consider cybersecurity a major priority, compared to just 20 percent in Europe and 30 percent globally, according to research from BT.

Four in 10 (41 percent) US business leaders consider cyber security as a major priority, compared just 20 percent in Europe and 30 percent globally.

Let’s start with the good news. Malicious insider activity is relatively rare. Unfortunately, even though outsiders account for 85 percent of cybersecurity incidents, the damage often is substantially greater when an insider strikes.