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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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PowerBroker for Mac: A Least-Privileged Apple a Day…

Posted July 27, 2015    Jason Silva

BeyondTrust PowerBroker for Mac reduces the risk of privilege misuse by enabling standard users on Mac OS X to perform administrative tasks successfully without entering elevated credentials.

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On Demand Webinar – Now is the time for Privileged Account Management

Posted July 24, 2015    BeyondTrust Software

In this webinar, SANS Instructor and Founder of Voodoo Security, Dave Shackleford, will revisit several hacking and breach scenarios that involved privileged accounts, and use these as examples while discussing tools and tactics to get this problem under control once and for all.

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Privileged Account Management: The Time is Now

Posted July 22, 2015    Dave Shackleford

There’s plenty of problems we don’t have great options for in InfoSec today. Malware is a pain point that keeps evolving rapidly. 0-day exploits are tough to prepare for. Privileged account management? We got this. We know the root causes, we know how it manifests, we know how to get it under control effectively, and there are great technology solutions that are enterprise-class.

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