Over one in ten data breaches originate from a malicious insider, and they cost companies $4.18 million dollars per incident. And that’s only the malicious ones.
According to the 2023 Insider Threat Report by Cybersecurity Insiders, nearly three-fourths (74%) of organizations are at least moderately vulnerable to insider threats. It’s worth a company’s time to recognize the five main types of these kinds of attacks and know how to prevent them.
Recognizing Risk
Privileged Insiders | Privileged insiders are a problem because whatever chance they had of causing risk in the first place – whether unintentional or nefarious – is now increased by their level of privilege. It is far more bang for the buck to compromise a root users’ credentials, for example, than that of an average user. More damage can be done, with less oversight, and for longer. In fact, 55% of organizations identify privileged users as their greatest insider risk threat. How do you combat this? Establish access policies and a good Privileged Access Management (PAM) solution, for starters.
Malicious employees | These are some of the hardest threats to prevent and so take the most sophisticated security methods. Think about it: an insider not only has all the technical know-how of a hacker, but the internal knowledge of the company’s databases and the savvy to know how to lay low. This kind of behavior is skillfully stealthy and crafted to not draw the attention of even a fellow employee.
Third Parties | As supply chains expand, more and more companies have to deal with the risk of third-party vendors allowing inroads into their o ..
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