Organizations spend a considerable amount of time and money protecting themselves from external threats while practically ignoring the significant threats from within. Cybercrime has an estimated cost of $2 trillion in 2019 with an average cost per data breach of $3.9 million. This global cost is expected to grow to $6 trillion annually by 2021. In 2018, 34% of those data breaches involved internal factors and this trend continues to grow. This hard on the outside but soft in the middle approach by Information Security departments leaves organizations susceptible to a variety of insider threats that could be avoided. In this talk, I will present the extent of the issue, the types of insider threats to expect and how organizations can mitigate these risks. We asked Robert a few more questions about his talk.
DeepSec 2016 Talk: Insider Threat: Profiling, Intent and Motivations of White Collar Offenders – Ulrike Hugl
Malicious insider threat is not only a security- or technical-oriented issue, mainly it’s a behavioural one, says Prof. Ulrike Hugl. Insiders are so-called ‘trusted’ or privileged employees, very often with legitimate access to the organization’s systems, and they are hard to catch. Furthermore, it is difficult to find appropriate predictive factors and prevention and detection measures. In fact, based on new technical developments and opportunities, data theft has become much easier these days: Mobile trends like BYOD, the increased ability to work from home, access to the organization’s systems when on the road, cloud services with related security vulnerabilities for example, as well as more and more malware opportunities have increased the potential of related attacks. Other main security obstacles and trigger factors inside and outside an organization may be, to name a few, a