Insider Threats

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How to Prevent Industrial Espionage

Every organization needs to keep tabs on other players in the industry in order to stay competitive. It’s common for an organization to analyze a competitor’s website, perform secret shopping trips, and monitor a competitor’s marketing strategies. This type of competitive research is perfectly legal. But if an organization unlawfully obtains another company’s sensitive information, it is considered industrial espionage, which is illegal.

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7 Best Practices for Banking and Financial Cybersecurity Compliance

Data is money and power. And the more valuable the data, the greater the power it provides. This is why financial institutions such as banks, loan services, investment and credit unions, and brokerage firms have always been targeted by cybercriminals. Unfortunately, the financial sector was the industry that suffered the second most data breaches in 2019, surpassed only by the healthcare industry.

How To Build An Insider Threat Program

A functional insider threat program is a core part of any modern cybersecurity strategy. Having controls in place to prevent, detect, and remediate insider attacks and inadvertent data leaks is a necessity for any organization that strives to protect its sensitive data. A functional insider threat program is required by lots of regulations worldwide. For example, NISPOM Change 2 makes it obligatory for any subcontractor working with the US Department of Defense to implement an insider threat program. However, designing an insider threat program that is both effective and efficient can be hard.

5 Levels Of User Behavior Monitoring

User behavior monitoring is a new approach to insider threat prevention and detection. A lot of companies include a user and entity behavior analytics (UEBA) solution in their insider threat program. Implementing such a program is obligatory to comply with a lot of industry standards (e.g. NIST, HIPAA, PCI DSS, etc.). However, each company is free to use any insider threat prevention tool that meets their needs.