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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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Additional articles

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Webinar March 4th: Recreating the Carbanak Breach & Techniques for Mitigating Similar Attacks

Posted March 3, 2015    Lindsay Marsh

Join BeyondTrust Research and Development team for an in-depth live webinar that will explore the attack vectors used in the Carbanak Bank Breach and share successful mitigation techniques needed to prevent this type of attack.

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How to Audit VMware ESX and ESXi Servers Against the VMware Hardening Guidelines with Retina CS

Posted February 27, 2015    BeyondTrust Research Team

Retina CS Enterprise Vulnerability Management has included advanced VMware auditing capabilities for some time, including virtual machine discovery and scanning through a cloud connection, plus the ability to scan ESX and ESXi hosts using SSH. However, in response to recent security concerns associated with SSH, VMware has disabled SSH by default in its more recent…

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Privileged Passwords: The Bane of Security Professionals Everywhere

Posted February 19, 2015    Dave Shackleford

Passwords have been with us since ancient times. Known as “watchwords”, ancient Roman military guards would pass a wooden tablet with a daily secret word engraved from one shift to the next, with each guard position marking the tablet to indicate it had been received. The military has been using passwords, counter-passwords, and even sound…

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