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Security in Context: The BeyondTrust Blog

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Bringing you news and commentary on solutions and strategies for protecting critical IT infrastructure in the context of your business.

Insiders Run Rampant in Healthcare and Financial Services Industries

Posted October 11, 2011    Peter McCalister

Most consumers don’t blink an eye when they’re asked to provide their social security number to a healthcare or banking professional. We place complete trust into the hands of these individuals, yet employees within financial services and healthcare industries perhaps are the most notorious for snooping and disclosing sensitive information.

According to 600 hospital and healthcare executives recently surveyed by PricewaterhouseCoopers’ Health Research Institute, over the last two years 40 percent of providers surveyed reported a breach due to insider snooping or sharing of information. And according to the Report to the Nations on Occupational Fraud and Abuse published by the Association of Certified Fraud Examiners, 80 percent of all fraud is attributed to those who work within the lender or financial services businesses.

It’s mind-boggling that organizations within the healthcare and financial services industries still don’t take even the most basic steps to protect the sensitive data of patients and customers. Sadly it seems time and again, legislation and government must get involved in order for there to be resolution. The pervasiveness of insider threats should serve as a wake-up call for companies that are still on the fence about investing in security solutions to secure the perimeters within. Privilege identity management, data security and leak prevention are “need to haves” in order to effectively mitigate the insider threat.

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Why big data breaches won’t always be so easy

Posted September 19, 2014    Byron Acohido

This blog post is republished with the permission of ThirdCertainty. See the original post here. – By: Byron Acohido, Editor-In-Chief, ThirdCertainty Some day, perhaps fairly soon, it will be much more difficult for data thieves to pull off capers like the headline-grabbing hacks of Home Depot and Target. That’s not a pipe dream. It’s the projected outcome…

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8 Reasons Your Privileged Password Management Solution Will Fail

Posted September 18, 2014    Chris Burd

Leveraging complex, frequently updated passwords is a basic security best practice for protecting privileged accounts in your organization. But if passwords are such a no-brainer, why do two out of three data breaches tie back to poor password management? The fact is that not all privileged password management strategies are created equal, so it’s critical…

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You Change Your Oil Regularly; Why Not Your Passwords?

Posted September 11, 2014    Chris Burd

There are many things in life that get changed regularly:  your car oil, toothbrush and hopefully, your bed sheets.  It’s rare that you give these things much thought – even when you forget to change them. But what if you’re forgetting something that can cost you millions of dollars if left unchanged for long periods…

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