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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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Additional articles

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Looking back on information security in 2014

Posted December 16, 2014    Dave Shackleford

Dave Shackleford is a SANS Instructor and founder of Voodoo Security. Join Dave for a closer look at the year in security, and learn what you can do to prepare for 2015, with this upcoming webinar. 2014 has been one heck of an insane year for information security professionals. To start with, we’ve been forced…

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December 2014 Patch Tuesday

Posted December 9, 2014    BeyondTrust Research Team

This month marks the final Patch Tuesday of 2014. Most of what is being patched this month includes Internet Explorer, Exchange, Office, etc… and continues a trend of the greatest hits collection of commonly attacked Microsoft software. Probably the one thing that broke the mold this month is that for once there is not some…

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Chained to the phone

“I’d love to come, but I’m on-call”: Privilege management can relieve holiday help desk headaches

Posted December 3, 2014    Jason Silva

Part of working in IT means you put in your time “on-call.” Companies either don’t realize there is a better way to allow users to maintain administrative access to endpoints, or they remove admin rights from users but don’t account for the resulting operational inefficiencies.

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