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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.

The New Twist On Insider Threats

Posted September 6, 2011    Peter McCalister

Just when an insider breach couldn’t be any worse for all parties involved – the data has been compromised, customers are upset, the company is embarrassed, it’s a lose-lose for everyone – the Financial Industry Regulatory Authority (FINRA) steps in with a new twist. A fine.

Recently, an employee of Citigroup managed to steal almost $750,000 from 22 customers during the course of eight years, leading FINRA to step in and fine Citigroup $500,000 for failing to keep track of this malicious employee.

What this tells us is that yes, companies need more thorough continuous monitoring practices and need to think more critically about how existing implementations of database activity monitoring (DAM) tools can be better utilized to track user behavior. They also need to improve the way that DAM tools are linked to identity management tools, leading to better tracking of user behavior across systems. But at the end of the day, the real lesson to be learned here is that in order to effectively fight the war against insider threats, IT must be backed by supervisory control.

There isn’t a simple solution to the problem of insider threats, but starting with the right database activity monitoring and privileged identity management policies is a good jumping off point for companies looking to avoid the hassle, the humiliation and now, the fines associated with insider threats.

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Additional articles

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Adobe Patches Zero-Day Flaw Being Exploited in the Wild

Posted January 22, 2015    BeyondTrust Research Team

Earlier this week, French malware researcher Kafeine reported on a new Adobe Flash zero-day vulnerability that was being exploited in the wild using the latest versions of the Angler Exploit Toolkit. “Any version of Internet Explorer or Firefox with any version of Windows will get owned if Flash up to 16.0.0.287 (included) is installed and enabled”…

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Your Data Security Strategy Starts with Deploying a Least Privilege Model (part 2 of 2)

Posted January 22, 2015    Scott Lang

In last week’s blog, we talked about how controls and accountability must be put into place so that only the right folks can access data and the systems on which that data resides, and that employing a least privilege model helps to achieve that and more. We’re using conclusions and data from a recent report…

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Basic Blocking and Tackling for Defending Against Advanced Targeted Attacks

Posted January 22, 2015    Larry Brock

With football season at its pinnacle at both the college and professional levels, the best teams continually focus on the fundamentals that make them successful. In security, we need to do the same.  It is okay for us to have a few key plays, especially in certain industries where we have to focus on unique…

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