Although the toll of an insider attack in North America can cost a company more than $11 million a year, many still consider insider threats to be too rare to constitute a real threat. Attacks resulting from insider threats are widely regarded as extreme outliers and consequently taken less seriously by leadership and security teams.
Nonetheless, companies should be mindful of dangerous gray areas, especially when considering attackers are always looking for the path of least resistance. These gray areas may include new bring-your-own-device policies and shadow IT devices that result from the rapid shift to remote work or high employee turnover rates.
The average impact of insider threats does not say anything about the overall frequency. Even if the average per-breach loss to a company is minor, cumulative losses can intensify if insider threats occur frequently. And this doesn’t include reputation loss, which is tough to measure and harder to overcome.
The threat landscape has broadened and diversified, especially since the COVID-19 outbreak in March 2020. The global workforce is now largely remote and can work from just about anywhere — not just at home. A lack of security awareness of exploits — such as email phishing attacks and voice phishing attacks that target employee VPN credentials — can be costly.
Reduced and changing worker loyalties to employers and higher employee churn rates also expand the gray area. Examples include unintentional misbehavior and misuse of resources, neglected security vulnerabilities, violations of company policies, and theft. The 2018 trade secret dispute between Waymo and Uber underscores the huge risks employers face in safeguarding intellectual property (IP) when employees leave.
Not all gray-area cases result in catastrophic losses, but they can quickly become very costly in aggregate. A growing number of smaller cases occur below the radar with rarely a mention from victimized companies. The danger is that negligent and malicious practices in the gray area become widely accepted without acknowledgment and action.
Besides a strict reinforcement of nondisclosure agreements that protect company IP, employees must understand that preserving confidential information from a previous employer is unlawful. Employee awareness and training are important factors in changing employee attitudes about ethical standards in the workplace, and employers must be prepared to practice what they preach.
I recommend that company leadership dedicate resources to consistently uphold these ethical principles, even if it means denying new employees from sharing information from their prior employers that could benefit you in the short-term.
Another area for improvement involves deploying network monitoring tools to track vital company IP and other critical assets across cloud, data center, Internet of Things, and enterprise networks. Do you know where your organization’s most important assets reside? If a malicious insider were to gain access via lateral movement or another means, do you have data protection policies deployed?
The ever-expanding gray area of insider threats forces businesses to think beyond simple monitoring for forensics and litigation purposes. Instead, anticipate the actual threat itself by proactively detecting and responding to malicious behaviors that can lead to a data breach or theft.
The truth is the red flags that often denote an insider threat are hard to delineate from false positives or other risks. Unfortunately, the key to pulling off an effective attack as a malicious insider is in the details. You must blend in with normal behaviors, use the access you have, and be mindful not to overstep authorization to avoid detection before your plan can unfold.
Suppose you are looking to reduce the likelihood of these insider jobs. In that case, you must first understand that while these are often not premeditated, your security team and other personnel must be prepared to spot anomalies in their everyday workflows.
Hitesh Sheth is the president and CEO of Vectra. Previously, he held the position of chief operating officer at Aruba Networks. Hitesh joined Aruba from Juniper Networks, where he was EVP/GM for its switching business and before that, SVP for the Service Layer Technologies … View Full Bio