Highly publicized insider data theft, such as the past security breaches including the Edward Snowden incident, highlight the increasing need for better security practices and solutions to reduce the risks posed by insider threats.
The 2016 Insider Threat Spotlight Report, co-sponsored by Quest, found that nearly half of those surveyed have seen an increase in insider attacks over the last 12 months. The biggest threat comes from managers with access to sensitive information, with 67 percent believing that the fact insiders have credentialed access makes insider attacks more difficult to prevent.
According to the report, the five key trends of insider threats are:
- Privileged users, such as managers with access to sensitive information, pose the biggest insider threat to organizations (59%). This is followed by contractors and consultants (48%), and regular employees (46%).
- 62% of security professionals say insider threats have become more frequent in the last 12 months. But only 27% expect additional budget
to address the problem.
- Less than 50% of organizations have appropriate controls to prevent insider attacks.
- 62% of respondents say that insider attacks are far more difficult to detect and prevent than external attacks.
- 38% of survey respondents estimate remediation cost to reach up to $500,000 per insider attack. 64% of respondents find it difficult to estimate the damage of a successful insider attack.
We know it's no longer a question of when but how. Get the report to have a better understanding of where to concentrate resources to prevent and detect insider attacks.
Download the 2016 Insider Threat Spotlight Report to stay up to date on insider threat and cybersecurity topics.