What is an insider threat?

What is an insider threat?

How is insider threat possible?

We are here to give you all the insides on insider threats – what it is, how it happens and what damaging effects it can have on a business. We’ll break it down, so you are suited up to handle a potential insider threat.

Defining an insider threat

Getting the basics down: an insider is a person. This person can be a current or former employee, business associate or consultant. They can have many roles within your organization. The common attribute is that the individual has access to the organization’s network, systems, or classified data. He or she can thereby intentionally or unintentionally misuse their access. If your data is compromised it can have a critical and very costly effect on your organization.

‘’69% say their organization have experienced an attempted or successful threat or corruption of data in the last 12 months’’ 

There are typically two types of insider threats. Malicious and inadvertent, which both can be broken down into various common goals or situations.

The malicious intended threats can be:
  • Sabotage
  • Intellectual property theft
  • Espionage
  • Fraud for financial gain
Inadvertent threats include:
  • Human error
  • Bad judgement
  • Phishing attack
  • Malware
  • Stolen credentials

These insider threats are especially dangerous unlike outside threats from hackers, as they have legitimate access to the organization’s systems due to their daily jobs. Therefore, insider threats can be difficult to prepare for. This is because the imminent threat can come from anyone with organizational access. But there are certain indicators to be aware of.

The first step to take is continuously monitor all user activity within the organization along with setting a safety compliance protocol in place. This can be educating employees about the dangers of both insider threats and other unintended malicious cybercrimes. Most importantly, take action when incidents take place.

The second step is to ensure a strong and secure infrastructure for your organization. By using Veeam Cloud Connect Backup you’ll have the preventive measures in place, as it includes insider threat protection. Insider Threat Protection is a safety net. So, if a data breach was to occur or an intentional or accidental deletion were to happen, your data is safely stored offsite and ready to be restored if necessary. By having an off-site copy of your data, your data is guaranteed from insider threats.

Get in touch with us to learn more about the ReVirt Business Protection Suite and how your business can get an extra layer of security.