Vormetric release Insider Threat survey

Our Partner, Vormetric, have just released the results of their survey on how companies feel about the Insider Threat. They interviewed 818 leading companies around the world and their finds make very interesting reading.

What is common is every company sees a major threat from within the organisation, whether that be from employees, contractors or partners. One aspect which was highlighted is the issue of system administrators and their abuse of privileges.

See the full presentation: Inside Threat Survey 2015 web version.

2015 Predictions

2014 has witnessed a significant increase in reported cyber hacks and related financial losses either due to prosecution, loss of reputation and even job loss due to non reaction to an event.

Attacks have become more sophisticated with the frightening revelations of some being persistent and carried out over many months.  This begs the question:  are individuals within organisations taking these threats seriously or are they not empowered to act?

2015 will undoubtedly see a further escalation of cyber attacks.  Here are Tankard’s top ten tips to watch out for in 2015.

1.  Limiting access to sensitive servers will become more of a necessity than a ‘nice to have’. You can’t hack what you can’t see.

 2. Security awareness training for all staff will dramatically increase in order to improve areas such as password creation – organisations must somehow ensure that employees stop using ‘password’ or ‘12345’!

 3. Tighter access control, especially for privileged accounts, will become a necessity. Many seemingly insider threats are caused by external individuals hijacking high-level credentials.

 4. The EU Data Protection Regulation will finally be passed. Implications for data sovereignty will impact choice such as jurisdiction for data storage, especially in the cloud. This means self control or separation of key management of encryption keys will become imperative.

 5. Actionable intelligence will become more of a buzzword. This will lead to investment in security intelligence platforms to provide non-repudiation of digital evidence – even for voice calls.

 6. Continuous monitoring will be hot, as detecting threats will take over from merely trying to prevent them.

 7. More automation in incident response, especially for attacks/incidents with clear escalation paths.

 8. With the increase in uncontrolled development and downloading of applications for smart phones there will be a significant increase in rouge malware that will exploit both the data held on the platform or use the platform to make, for example, outbound premium rate calls or visit illegal websites.

 9. Smart devices in the home will be targeted – smart means exploitable!

 10. Santa in Christmas 2015 will not deliver by sleigh anymore and will outsource to Amazon drones!

 

Business Today on our Top Tips

Top tips for businesses to battle cyber attacks in 2015.

In 2014 there was a significant increase in reported cyber hacks and related financial losses either due to prosecution, loss of reputation and even job loss due to non reaction to an event.

According to Colin Tankard, managing director at data security specialists Digital Pathways, 2015 will undoubtedly see a further escalation of cyber attacks.

Tankard talked to Business Today about some of the biggest cyber changes predicted for 2015 and provided top tips to help businesses of all sizes tackle the digital challenges in the upcoming year. Read the full article