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30 July 2013

Insider threat: Balancing security with privacy

Data loss prevention (DLP) systems, encryption, internet monitoring tools and other restrictive controls are failing to deliver total security, with a growing number of data breaches linked to insiders. But how can organisations increase security without affecting productivity or encroaching on employees’ right to privacy? The challenge is an important one to tackle, with insider-related fraud up 43% in 2012, according to the latest report from the UK’s fraud prevention service Cifas, and 14% of all data breaches linked to insiders, according to The Verizon 2013 Data Breach Investigations Report. A more recent study by storage and information management firm Iron Mountain revealed that 8% of UK employees said that if they were treated badly by an employer, they would take revenge by stealing confidential or sensitive information. Why is the insider threat increasing? In recent years, companies with highly sensitive data have done a fairly good job of securing the network perimeter with firewalls and intrusion prevention systems,...

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