With ever-evolving technology, cyber security issues have taken the IT world by storm. Last year alone about 74% of the SMEs alone were deeply affected by the security breach, making them resort to several defense systems.
One could put world-class firewalls, anti-virus softwares, and other defense mechanisms to shield their thriving business. But what if the threat comes in the form of your own trusted employees?
Insiders- An Asset or A Threat?
It is heartbreaking, but about 60% of the cyber threats to an organization comes from the insiders. They might have helped your business stand where it is, but they can also be the reason of your downfall- whether intended or not.
But can not trusting them be a solution? After all employees the one handling your success.
Employee Practices That Are Putting Your Business At Risk Inadvertent Practices
1. Accessing Unsafe Websites
2. Trusting Phishing Mails
3. Downloading Risky Content
4. Plugging in Personal Devices
5. Using unsecure network to access Enterprise data
1. Exchanging critical information with third-party 2. Involving in ransomware
3. System hacking
4. Denying services
5. Misusing privileges provided to them
Expert Ways to Handle & Divert Insider Cyber Security Threats
1. Cyber Security Training Sessions
Generating security awareness amongst employees can save your business.
Users, when inadequately or improperly trained, can leave a massive gap in the cyber security. A gap that can be fully utilized by the hackers and you may lose your important data, money, and other assets.
A study published in 2016 shows that about 41% of the cyber attacks on SMEs & ISVs last year happened due to shear employee negligence. Almost half of the chunk, and it could have been easily avoided.
Another major fact is that about 91% of the cyber crimes begin with a mere phishing mail. So if you are not able to identify and destroy them in time, your business may fall prey to a successful breach or malware attack.
How can we prevent such an attack from happening though?
One easy, yet effective practice is providing your employees with cyber security training sessions. This critical practice can provide a backbone to your security infrastructure by educating employees on:
● Correct way to form passwords & keeping it private.
● Detecting & disengaging phishing mails
● Identifying intrusion threats
● Looking out for unprotected networks
2. Insider Threat Intelligence
Know what, where, how, and when.
A malicious intent or an unintentional doing, an insider leak can make a business lose a significant part of their money and information.
Protecting your company from such a threat needs knowing exactly how the data and information is moving around the environment, who has the ability to access it, and how it is being used.
However it may seem, this process isn’t simple. We are talking about 2.8+ zetabytes here.
The best solution would be to consider some top-of-the-line Threat Intelligence Products already available that are carefully curated and designed to address this challenge. One such example is Apvera. Apvera is good for those looking for intuitive, affordable, and powerful intelligence tools. It provides companies, full insight of the employee behavior by tracking and assessing patterns, and converting them into actionable security intelligence.
In reality, handing company assets to the employees is not a threat, not knowing where it is going and who is using it, is.
3. BYOD Trends
Saving a little today can cost you much more tomorrow.
Many of the organizations today follow the ‘Bring-Your-Own-Device’ trend. This, honestly, is like handing security threats a formally-made invitation card.
This practice is maybe a necessity in a lot of small firms who are yet to scale and lack basic infrastructure. But, they also are the most-targeted business-types all over the world.
Prime solution would be to keep work at workplace, both metaphorically and figuratively.
4. Fraudulent Abusive Activities
Trust people who deserve to be trusted.
A company succeeds because of their employees. This is why organizations, whether small or big, pay special attention to their staff. Trusted employees are given prime importance and privileges that they can potentially misuse.
Studies show that most of them do misuse them, unfortunately.
The rising cases of fraudulent activities and IT breach by insiders is a major obstacle to any company’s employee policy. Binding them with laws and policies is neither feasible nor appropriate, and trusting them blindly is a poor choice.
Smart move would be a combination of both; rules sprinkled with trust.
Always remember that cyber security isn’t a ‘one-size-fits-all’ strategy. What works for others might need a little or more tweaking for your business. But these simple tactics can surely prevent you from the threats posed by your own employees.