The latest News and Information on Insider Threats including employee monitoring and data privacy.
Many enterprises perceive cyber-attacks as malicious actions predominantly executed by external actors. Enterprises devote time and budgets investing in methods to bolster their security perimeters against external threat actors. However, it is equally important for these organizations to remember that many cyber-attacks, which cost millions in losses, originate through an internal compromise.
In Q3 2022, Kroll saw insider threat peak to its highest quarterly level to date, accounting for nearly 35% of all unauthorized access threat incidents. Kroll also observed a number of malware infections via USB this quarter, potentially pointing to wider external factors that may encourage insider threat, such as an increasingly fluid labor market and economic turbulence.
Early in the pandemic, searches related to “how to monitor employees working from home” increased by 1,705%. Without the oversight of managers in an office setting, many companies are concerned that their employees are less productive, and that there is an increase risk to the company. This is a major reason why the use of employee monitoring technology has soared in the past year.
Despite the ongoing rise in social engineering attacks, the idea that cybersecurity is only about technology manifests within most of our minds. Organizations often neglect human behavior's impact on their cybersecurity postures. Instead, they spend lavishly on endpoint security tools, threat hunting programs, and building incident response plans. Admittedly, these security measures are a crucial part of mitigating attacks.
As National Insider Threat Awareness Month draws to a close, Egnyte is taking this opportunity to reinforce everyday best practices that companies like yours need to follow. The goal of the month is to educate U.S. government and industry leaders about the risks of insider threats and how to effectively address them.
