Damaging insider threats rise to new highs in the last 12 months

 

2019 Insider Threat ReportBOSTON – July 25, 2019 – Nucleus Cyber, the intelligent data-centric security company for the modern workplace, issued new warnings about the dangers malicious and negligent insiders pose to data and enterprise systems, following the publication of the 2019 Insider Threat Report conducted with Cybersecurity Insiders. Survey results gathered from information security professionals in the 400,000-member Cybersecurity Insiders community found that 70 percent of organizations are more frequently seeing insider attacks—with 60 percent experiencing one or more within the last 12 months—and 68 percent feeling “extremely to moderately” vulnerable to them.

“Our 2019 Insider Threat Report reveals today’s most damaging security threats often do not originate from outsiders or malware, but from trusted insiders, the challenge that Nucleus Cyber’s technology is built to address,” said Holger Schulze, CEO and Founder of Cybersecurity Insiders. “The report confirms trends and challenges facing organizations across verticals, how IT professionals are dealing with risky insiders, and how companies are preparing to better protect critical data and infrastructure.”

Not only are organizations seeing a dramatic increase of attacks from insiders, but 85 percent are finding it difficult to determine the actual damage being caused from each instance, especially in cloud environments. Since they’ve migrated to the cloud, 56 percent believe detecting insider attacks has become “significantly to somewhat” harder, and 39 percent identify cloud storage and file sharing applications the most vulnerable.

“Security and IT teams’ attention is focused on hackers, but attacks from within are a significant threat to every industry. Organizations must be well-equipped to safeguard sensitive information from outsiders and insiders alike. Data-centric security tools like NC Protect control access and actions that can be taken based on the sensitivity of the content and user conditions at the time of access to proactively mitigate risks,” said Kurt Mueffelmann, CEO of Nucleus Cyber. “The 2019 Insider Threat Report findings should raise the alarm for every organization to evaluate their preparedness, strategies and tools used to protect data from increasing inside threats.”

In addition to information on the frequency of insider attacks, contributing factors for why they’re on the rise and what organizations are doing to combat them, the Cybersecurity Insiders’ report also addresses:

  • Insider threats of most concern, motivations, and barriers to better management
  • Discovery, post-attack assessment, and response readiness
  • Insider threat program drivers, and the insiders and departments at greatest risk
  • Vulnerability of applications, data and file tracking processes
  • Risk of insider attack on cloud-based environments

Nucleus Cyber provides global organizations with a centralized, content and context aware data security solution, NC Protect, that dynamically adjusts access and protection of unstructured files and enterprise social data across Microsoft platforms (including SharePoint, Office 365, Teams and Yammer), Dropbox and file shares to ensure sensitive information is being used and shared according to its regulations and policies. For more information and a copy of Cybersecurity Insiders’ 2019 Insider Threat Report visit https://info.nucleuscyber.com/2019-insider-threat-report.

About Nucleus Cyber
Nucleus Cyber is the intelligent data-centric security solution for the modern workplace providing dynamic, granular data security that leverages existing infrastructure investments. The NC Protect platform (formerly Security Sheriff) dynamically adjusts file security based on real-time comparison of user context and file content to enforce data governance policies for more secure collaboration. It minimizes data loss and misuse risk for a wide range of digital environments including SharePoint, Office 365, file shares, enterprise social systems and the cloud. For more information visit www.nucleuscyber.com or follow @nucleuscyber.