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Extract from article by James Ward of DataSmart Consulting

Although we often hear the most about hackers, mostly because it allows media to use the standard “faceless guy in a hoodie” images, black hats are not the only cause of data breaches. In fact, one of the biggest risks to data security comes from disloyal employees, sometimes called the “malicious insider.” The evidence suggests that these actors are responsible for more than a fifth of all theft of, or improper access to, company data.

To be clear, we’re not talking about employees who lose the company laptop, or who get phished and wind up giving away their password to an outsider. (But to be clear, that’s a major problem. As in, nearly 2/3 of all breaches come from employee or contractor negligence.) Instead, we’re talking about actually malicious individuals who use a privileged position inside a company to gain access to materials.

Read the complete article at Recognizing the Risks of a Malicious Insider

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