Dark Reading is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Endpoint

6/19/2015
01:55 PM
Dark Reading
Dark Reading
Products and Releases
50%
50%

Latest Research Highlights Growing Insider Threat in Cybersecurity Landscape

The Insider Threat Spotlight Report, sponsored by Watchful Software, calls attention to major threat/risk vector and potential lack of preparedness for data breach.

Medford, NJ, June 19, 2015 – Watchful Software, a leader in data-centric information security, has sponsored ground-breaking cybersecurity research about the knowledge, attitudes, and plans of IT teams worldwide which identifies the escalation of ‘insider threats’ in enterprises over the prior year, and the relative inability for organizations to combat/prevent them.  This is the main conclusion of the Insider Threat Spotlight Report that was released today. Further insights point to privileged users, such as managers with access to sensitive information, as posing the biggest insider threat to organizations, followed by contractors and consultants, and regular employees.

The Insider Threat Spotlight Report is an all-inclusive body of crowd-based research employing a comprehensive survey of over 500 cybersecurity professionals. It takes a deep look at what security practices are commonplace, and what employees know about their company’s data security, in an effort to illuminate the next steps IT teams need to engage in to stave off their next data security breach.  The objective of the report is to gain more insight into the state of insider threats, and active solutions that are available to prevent them. The respondents range from technical executives to managers and IT security practitioners, and they represent organizations of varying sizes across many industries.

           Some Key Trends in the Insider Threat Spotlight Report:

§  62 percent of security professionals said insider threats have become more frequent in the last 12 months

§  Privileged users, such as managers with access to sensitive information, pose the biggest insider threat to organizations at 59 percent, followed by contractors and consultants at 48 percent and regular employees at 46 percent

§  Less than 50 percent of respondents believed their organizations have appropriate controls to prevent insider attacks, and 62 percent of respondents said that insider attacks are far more difficult to detect and prevent than external attacks

§  Finally, 38 percent of survey respondents estimated data breach remediation costs to reach up to $500,000 per insider attack, while 64 percent of respondents said they “found it difficult to estimate the damage of a successful insider attack.”

“It is important to take stock of the magnitude of the cyber-breach problem today as we continue to face data breaches of ever-increasing size and regularity,” said Charles Foley, Chairman and CEO, Watchful Software. “We are pleased to be a supporter of The Insider Threat Spotlight Report as it is a strong, comprehensive tool with valuable insights for organizations to use in understanding the key data security threats they face today, allowing them to begin the conversation about preventing further losses.”

The Insider Threat Spotlight Report may be accessed here: http://bit.ly/InsiderThreatReport

 

About Watchful Software

Watchful Software was formed in 2012 to address the requirement to protect an organization’s most critical asset after its people – its information. The company is staffed by industry executives with decades of systems, software, networking, security, and compliance experience to address the growing need for protecting sensitive and proprietary information against accidental or malicious theft, leakage, or loss. Leveraging key technologies including advanced encryption algorithms, digital rights management, and e-Biometrics, Watchful Software has developed a suite of solutions that ensure only authorized personnel have access to enterprise systems or can handle sensitive information, thereby protecting against the massive economic and competitive damage often done by cyberterrorists and information thieves. Learn more at www.watchfulsoftware.com.

 

 

Recommended Reading:

Comment  | 
Print  | 
More Insights
Comments
Threaded  |  Newest First  |  Oldest First
COVID-19: Latest Security News & Commentary
Dark Reading Staff 8/3/2020
Pen Testers Who Got Arrested Doing Their Jobs Tell All
Kelly Jackson Higgins, Executive Editor at Dark Reading,  8/5/2020
Browsers to Enforce Shorter Certificate Life Spans: What Businesses Should Know
Kelly Sheridan, Staff Editor, Dark Reading,  7/30/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
Special Report: Computing's New Normal, a Dark Reading Perspective
This special report examines how IT security organizations have adapted to the "new normal" of computing and what the long-term effects will be. Read it and get a unique set of perspectives on issues ranging from new threats & vulnerabilities as a result of remote working to how enterprise security strategy will be affected long term.
Flash Poll
The Changing Face of Threat Intelligence
The Changing Face of Threat Intelligence
This special report takes a look at how enterprises are using threat intelligence, as well as emerging best practices for integrating threat intel into security operations and incident response. Download it today!
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2020-17366
PUBLISHED: 2020-08-05
An issue was discovered in NLnet Labs Routinator 0.1.0 through 0.7.1. It allows remote attackers to bypass intended access restrictions or to cause a denial of service on dependent routing systems by strategically withholding RPKI Route Origin Authorisation ".roa" files or X509 Certificate...
CVE-2020-9036
PUBLISHED: 2020-08-05
Jeedom through 4.0.38 allows XSS.
CVE-2020-15127
PUBLISHED: 2020-08-05
In Contour ( Ingress controller for Kubernetes) before version 1.7.0, a bad actor can shut down all instances of Envoy, essentially killing the entire ingress data plane. GET requests to /shutdown on port 8090 of the Envoy pod initiate Envoy's shutdown procedure. The shutdown procedure includes flip...
CVE-2020-15132
PUBLISHED: 2020-08-05
In Sulu before versions 1.6.35, 2.0.10, and 2.1.1, when the "Forget password" feature on the login screen is used, Sulu asks the user for a username or email address. If the given string is not found, a response with a `400` error code is returned, along with a error message saying that th...
CVE-2020-7298
PUBLISHED: 2020-08-05
Unexpected behavior violation in McAfee Total Protection (MTP) prior to 16.0.R26 allows local users to turn off real time scanning via a specially crafted object making a specific function call.