Organisations are ill-equipped to tackle malicious insiders; study
Mimecast research reveals 90% of organisations cite malicious insiders as a major threat
Email and data security company, Mimecast, revealed organisations are their own worst enemy when it comes to cybersecurity, with 45% stating they are ill-equipped to cope with the threat of malicious insiders.
As part of its survey, "Business Email Threat Report: Email Security Uncovered", 65% of IT security decision makers globally feel their email security systems are inadequately equipped to handle cyber threats. Plus, malicious insiders represent a growing source of risk and anxiety over security preparedness.
A common problem is organisations predominately concentrate on the perimeter defence and outside threats, meaning they would struggle with the risk that comes from their own employees. Mimecast suggests, emphasising the need for organisations to implement employee awareness and education as well as creating a cyber resilience strategy that includes both technology- and human-based defences.
Mimecast's research also uncovered that 53% of IT security decision makers view malicious insiders as a moderate or high threat. Furthermore, those who stated they were equipped on cybersecurity feel virtually just as vulnerable to insider threats as those who believe they aren't equipped at all, indicating that the risk of malicious insiders trumps perceptions of security confidence.
Brandon Bekker, managing director, Mimecast MEA, said: "Every day, we trust employees with sensitive information and powerful tools, but we don't give them the effective security education and advanced cloud security solutions that goes hand-in-hand with those responsibilities. As a community we must work together to enact better business processes.
"This is in part why we launched the Cyber Resilience Coalition, bringing together leading security, data protection and business continuity vendors to help strengthen organisations' total cyber resilience strategy.
He added: "Another issue we can work together to control is rogue employees who use file-sharing or cloud storage services to steal valuable corporate data - also known as malicious insiders. IT managers have, for too long, not paid due attention to this threat. We must re-evaluate unrestricted access to these services and ensure that other protections are put in place quickly."