02.05.2019 Views

Cyber Defense eMagazine May 2019

Cyber Defense eMagazine May Edition for 2019 #CDM #CYBERDEFENSEMAG @CyberDefenseMag by @Miliefsky a world-renowned cybersecurity expert and the Publisher of Cyber Defense Magazine as part of the Cyber Defense Media Group

Cyber Defense eMagazine May Edition for 2019 #CDM #CYBERDEFENSEMAG @CyberDefenseMag by @Miliefsky a world-renowned cybersecurity expert and the Publisher of Cyber Defense Magazine as part of the Cyber Defense Media Group

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Enterprise Insider Threats on The Rise<br />

New report finds 59 percent of organizations have experienced at least one insider attack in the last 12<br />

months<br />

By Rich Campagna, CMO, Bitglass<br />

With news of hacking incidents, new strains of malware, and other alarming external cyberattacks, many<br />

organizations can overlook the importance of remediating insider threats. Comprised of both negligent<br />

and malicious employee behaviors, these threats pose a legitimate danger to enterprise security. To learn<br />

more about the state of insider threats and what organizations are doing to defend against them, Bitglass<br />

partnered with a leading cybersecurity community to survey IT professionals. The results, captured in the<br />

<strong>2019</strong> Insider Threat Report, revealed that insider attacks are on the rise. Unfortunately, they also showed<br />

that most organizations don’t have the proper security controls in place to identify and defend against<br />

these harmful attacks which can stem from employees, partners, or other internal stakeholders.<br />

In the survey, 73 percent of all respondents said that insider attacks have become more frequent over<br />

the past 12 months; 59 percent said that their organization has been victim to at least one over the same<br />

timeframe. These numbers are significantly higher since the last time Bitglass conducted this survey in<br />

2017. While this is likely due to a multitude of factors, two key themes did seem to emerge from the<br />

research. The first is data moving off premises, and the second is the fact that companies often fail to<br />

secure their data in the growing number of devices and applications that access and store corporate<br />

information.<br />

The rapid adoption of the cloud and bring your own device (BYOD) means that data is no longer kept<br />

safe behind on-premises firewalls and other traditional security tools. In fact, in separate studies, Bitglass<br />

found that 81 percent of organizations around the world now use cloud apps, and that 85 percent of<br />

organizations now enable BYOD. These numbers indicate that companies are embracing new<br />

technologies that offer numerous benefits; for example, greater cost savings, improved productivity, and<br />

more collaboration, as well as enhanced employee satisfaction and retention. However, this fundamental<br />

shift in where and how data is stored, used, and shared demands a different approach to security.<br />

Unfortunately, Bitglass’ latest research suggests that many companies are failing to adapt accordingly.<br />

The first issue uncovered in the report lies with the monitoring and detection of insider threats. 56 percent<br />

of organizations said that it is more difficult to detect insider threats after migrating to the cloud. Despite<br />

this, 41 percent claimed that their organizations don’t monitor for abnormal user behavior across their<br />

45

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!