BeyondTrust

Security in Context: The BeyondTrust Blog

Welcome to Security in Context

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

People are Less Forgiving of Insider Threats than Outside Hacks

Posted April 6, 2012    Peter McCalister

A new study says that people are more likely to file a lawsuit against a company that experienced a data breach if that breach was the result of unauthorized disclosure or disposal of data than if the breach happened due to an outside hack. The study, titled Empirical Analysis of Data Breach Litigation, says “plaintiffs respond more to the careless or negligent handling by a firm of their personal information than to a firm’s inability to withstand a cyber-attack.”

As this research indicates, people are less tolerant or forgiving of missteps or carelessness with the handling of sensitive information internally, which should be a red flag to any company that has yet to institute identity and access management policies. Human nature is capricious and mistakes are inevitable – it’s unfortunate, but because these are indisputable characteristics of people companies are liable for taking the proper precautions to protect sensitive data.

The study also showed the chance of a lawsuit was 9.7 percent higher if the breach exposed financial information, while breaches involving social security numbers were negatively correlated with lawsuits, though the effect was relatively small at 2.4 percent. Any medical data or credit card data had no effect on the probability of litigation.

Regardless of what type of information your company has, be it sensitive customer data, or your own intellectual property, having the right insider threat protection policies can be the difference between forgiveness and a lawsuit.

Leave a Reply

Additional articles

dave-shackleford-headshot

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…

Tags:
, ,
patch-tuesday

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…

Tags:
,
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.

Tags:
, , , , , , ,