Mitigating the risks of insider threats to your organisation’s cybersecurity
Do you know that over one of every three enterprises worldwide has suffered from cyberattacks or cybersecurity risks due to insider threats? In monetary terms, the damage to business due to credential theft by rogue insiders in 2020 was $27.9 million. What are insider threats? Insider threats are cybersecurity risks that originate from within the […]
How to overcome the Menace of Insider Threats in Financial Services
Ransomware operators and other threat actors are targeting the financial services industry more intensely than ever. The financial service sector has more robust cyber defences compared to other industries. But many companies in the sector have rogue insiders. Insider threats are internal users, such as employees or contractors with network access, who compromise critical data or […]
Ransomware Prevention: How to Shift from Detection to Prevention
Enterprises across the world dread coming under the crosshairs of ransomware operators. And the threat is growing. Ransomware operators struck a new enterprise every 14 seconds in 2019 and every 11 seconds by 2021. As of 2021, such attacks cost the global economy $6 trillion annually. The traditional countermeasure to ransomware is detection, followed by […]
Insider Threats are on the Rise: How Your Business Can Manage Them Effectively
Cyber security focuses on external threats from hackers, ransomware operators, and other cybercriminals. Rogue insiders do not get the attention they deserve. Users with legitimate access may steal customer information, intellectual property, or trade secrets. Ponemon Institute’s 2020 Cost of Insider Threats study reports the cost of internal threat for enterprises at USD 11.45 million […]