While businesses are growing increasingly aware of the insider threat, they still lack enforceable controls to stop and punish perpetrators.
Vormetric and Ovum surveyed more than 500 IT decision-makers at mid and large size organizations in the UK, France and Germany.
Despite oft repeated claims that the insider threat is the one organizations should be looking out for, the numbers and statistics related to 2013 data breaches show that risk is much smaller than the one related to attacks coming from the outside.
Personal and financial information of some 20 million South Koreans has been compromised by a consultant working for personal credit ratings firm Korea Credit Bureau (KCB), the AFP reports.
Five years ago, questions directed at boards of directors and senior executives at financial services firms on the toughest risk management issues might have resulted in responses like “liquidity risk,” “regulatory compliance,” or “bad debt.” Few, if any, would have mentioned cyber security.