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.

Vulnerabilities / Threats

3/1/2013
07:41 AM
Dark Reading
Dark Reading
Products and Releases
50%
50%

"The Risk Of Insider Fraud" Ponemon/Attachmate Survey

On average, it takes 87 days to first recognize that insider fraud has occurred, according to survey of more than 700 individuals at leading global organizations

SAN FRANCISCO – Feb. 28, 2013 – On average, organizations experience approximately one fraud event per week, according to information from the second annual Attachmate Corporation and Ponemon Institute survey, "The Risk of Insider Fraud," released at RSA Conference 2013. However, only 44% of respondents say their organization views insider fraud prevention as a top security priority, a perception which has declined since 2011. This misconception can prove costly: The average cost of a data breach in a 2011 study was $194 per lost or stolen record.

The insider fraud survey includes results from more than 700 individuals at leading global organizations. The survey reveals some alarming data security trends:

· On average, it takes 87 days to first recognize that insider fraud has occurred and more than three months (105 days) to get at the root cause of the fraud.

· Seventy-nine percent of respondents say that in their organization a privileged user has or is very likely to alter application controls to access or change sensitive information and then reset the controls.

· According to 73% of respondents, an employee's malfeasance has caused financial loss and possibly brand damage.

· Eighty-one percent say they already had an employee use someone else's credentials to gain elevated rights or to bypass separation-of-duty controls.

"This data demonstrates the invisibility of employee actions across an enterprise," said Larry Ponemon, chairman and founder of Ponemon Institute. "While organizations may have policies and procedures to thwart insider fraud, it doesn't mean employees will remain compliant, particularly with the rise of Bring Your Own Device (BYOD) practices."

Almost half (48 percent) of respondents say that BYOD has resulted in a significant increase in fraud risk and 77% of respondents say the lack of security protocols over edge devices presents a significant security challenge and risk.

"Data security and insider threats continue to be a challenge for organizations, particularly as BYOD brings complexity to enterprise risk management," said Christine Meyers, director of Attachmate's enterprise fraud management solutions. "Next-generation enterprise fraud management solutions, such as Attachmate® Luminet®, are able to correlate cross-channel activity, score risk and provide a screen-by-screen replay of what actually occurred. Add to that the proven deterrence factor that arises from being able to see and monitor use and abuse, and you can see why customers choose to deploy this technology for fraud detection."

The study defined insider fraud as the malicious or criminal attacks perpetrated upon business or governmental organizations by employees, temporary employees and contractors. Typically, the objective of such attacks is the theft of financial or information assets, which include customer data, trade secrets and intellectual properties. Sometimes, the most dangerous insiders are those who possess strong IT skills or have access to an organization's critical applications and data.

"With this research, we want to reiterate that organizations are not immune," said Meyers. "The threat of insider fraud is a growing risk that can result in tangible financial loss to businesses. And the longer an organization takes to address it, the more costly it can become."

To find out more, visit http://www.attachmate.com/assets/Ponemon_2012_Report.pdf for the full survey results. Attachmate also offers the results in an infographic format at http://www.attachmate.com/Press/ponemon2012-infographics.htm.

For information about Attachmate Luminet enterprise fraud management software and customer use scenarios, visit www.attachmate.com/Products/efm/luminet/luminet.htm.

# # #

About Attachmate Corporation

For 30 years, Attachmate (www.attachmate.com) has been delivering essential business information to the right users, in the right formats, via the right devices. Today, Attachmate software runs on 19 million desktops and mobile devices--across industries ranging from financial services, healthcare and government to retail, travel and manufacturing. Built to integrate existing systems and emerging technologies, our products help organizations worldwide put their IT assets to work in new and meaningful ways.

About Ponemon Institute

Ponemon Institute is dedicated to advancing responsible information and privacy management practices in business and government. To achieve this objective, the Institute conducts independent research, educates leaders from the private and public sectors and verifies the privacy and data protection practices of organizations in a variety of industries. For more information, visit www.ponemon.org.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
7 Tips for Infosec Pros Considering A Lateral Career Move
Kelly Sheridan, Staff Editor, Dark Reading,  1/21/2020
For Mismanaged SOCs, The Price Is Not Right
Kelly Sheridan, Staff Editor, Dark Reading,  1/22/2020
Register for Dark Reading Newsletters
White Papers
Video
Cartoon Contest
Current Issue
IT 2020: A Look Ahead
Are you ready for the critical changes that will occur in 2020? We've compiled editor insights from the best of our network (Dark Reading, Data Center Knowledge, InformationWeek, ITPro Today and Network Computing) to deliver to you a look at the trends, technologies, and threats that are emerging in the coming year. Download it today!
Flash Poll
How Enterprises are Attacking the Cybersecurity Problem
How Enterprises are Attacking the Cybersecurity Problem
Organizations have invested in a sweeping array of security technologies to address challenges associated with the growing number of cybersecurity attacks. However, the complexity involved in managing these technologies is emerging as a major problem. Read this report to find out what your peers biggest security challenges are and the technologies they are using to address them.
Twitter Feed
Dark Reading - Bug Report
Bug Report
Enterprise Vulnerabilities
From DHS/US-CERT's National Vulnerability Database
CVE-2015-3154
PUBLISHED: 2020-01-27
CRLF injection vulnerability in Zend\Mail (Zend_Mail) in Zend Framework before 1.12.12, 2.x before 2.3.8, and 2.4.x before 2.4.1 allows remote attackers to inject arbitrary HTTP headers and conduct HTTP response splitting attacks via CRLF sequences in the header of an email.
CVE-2019-17190
PUBLISHED: 2020-01-27
A Local Privilege Escalation issue was discovered in Avast Secure Browser 76.0.1659.101. The vulnerability is due to an insecure ACL set by the AvastBrowserUpdate.exe (which is running as NT AUTHORITY\SYSTEM) when AvastSecureBrowser.exe checks for new updates. When the update check is triggered, the...
CVE-2014-8161
PUBLISHED: 2020-01-27
PostgreSQL before 9.0.19, 9.1.x before 9.1.15, 9.2.x before 9.2.10, 9.3.x before 9.3.6, and 9.4.x before 9.4.1 allows remote authenticated users to obtain sensitive column values by triggering constraint violation and then reading the error message.
CVE-2014-9481
PUBLISHED: 2020-01-27
The Scribunto extension for MediaWiki allows remote attackers to obtain the rollback token and possibly other sensitive information via a crafted module, related to unstripping special page HTML.
CVE-2015-0241
PUBLISHED: 2020-01-27
The to_char function in PostgreSQL before 9.0.19, 9.1.x before 9.1.15, 9.2.x before 9.2.10, 9.3.x before 9.3.6, and 9.4.x before 9.4.1 allows remote authenticated users to cause a denial of service (crash) or possibly execute arbitrary code via a (1) large number of digits when processing a numeric ...