Bitglass has just released ‘Threatbusters’, the company’s 2019 Insider Threat Report. In partnership with a leading cyber security community, Bitglass surveyed IT professionals about insider threats and to ascertain what their host organisations are doing to defend against them.
According to the report’s findings, 73% of respondents believe that insider attacks have become more frequent in the past year. Additionally, 59% said that their organisation has experienced at least one insider attack over the last 12 months. As corporate data moves to more devices and cloud applications, failing to implement the appropriate security controls will only serve to further enable threat actors to succeed in their endeavours.
“Insider attacks are harder to identify and remediate than those that originate from outside the enterprise,” said Rich Campagna, CMO of Bitglass. “This is caused by a number of factors highlighted throughout the report, including insufficient authentication, inadequate user behaviour monitoring in the cloud and a failure to properly secure personal devices. If organisations want to prevent insider attacks, they have to address these security gaps.”
In the survey, 41% of respondents said that their organisations don’t monitor for abnormal user behaviour across their cloud footprints. Only 12% of enterprises are consistently able to detect insider threats stemming from personal mobile devices, including those that are off-premises or lack agents.
Also, 56% of respondents believe it’s more challenging to detect insider threats after migrating to the cloud. 68% of organisations feel moderately to extremely vulnerable to insider threats while only 50% of organisations provide user training about insider threats. A mere 31% implement secondary authentication to defend against them.
56% of respondents claimed that their organisations can detect insider threats within the day that they occur. 50% said that they can recover from an insider attack within the same time period.
*To learn more about the state of insider threats and how enterprises are defending against them, download the full report here: https://pages.bitglass.com/FY19Q2ThreatbustersBitglass2019InsiderThreatReport_LP.html