The Insider Threat Rises Again

By Mary K. Pratt, CSO Magazine
Click here to read the entire article.

Insiders have always posed a risk, but modern technologies, tactics, and motivations have increased the threat, likelihood, and consequences of insider-related incidents.

Insider threats are coming back in a consequential way.

According to the State of Human Risk Report from Mimecast, 42% of organizations have experienced an increase in malicious insider incidents over the past year, with 42% also reporting a rise in negligent incidents for the first time.

The report further found that organizations experienced an average of six insider-driven incidents per month at an estimated cost of $13.1 million per incident. Additionally, 66% of the 2,500 surveyed IT security and IT decision-makers expect insider-related data loss to increase over the next 12 months.

“Insider risk has become one of the most consequential and underestimated threats facing organizations today, not just because of the data loss it causes, but because attackers are increasingly exploiting insiders as a deliberate entry point to bypass perimeter defenses entirely,” Mimecast CISO Leslie Nielsen said in announcing his company’s research results.

“The data shows both careless mistakes and deliberate actions driving incidents in equal measure,” he added. “Rather than trying to manage human behavior, organizations need adaptive controls that identify high-risk actions and adjust protections in real-time, creating friction when someone accesses data they shouldn’t, regardless of whether they have valid credentials. As AI makes it easier for insiders to exfiltrate data at scale, security must meet users at the point of risk.”

The state of insider threats today as technologies, tactics, and motivations evolve
Insider threats continue to fall into two broad camps. On one side is the malicious insider who knowingly acts with the intent to harm. On the other side is a member of the organization whose impacting actions may be accidental or negligent, or in some cases manipulated by a malicious outsider.

Click here to continue reading.