Better the devil you know? Protecting financial data from insiders
When it comes to information security in the financial services, the insider threat has become something of a bogeyman. It is not simply a case of rooting out those with a lax approach to security or basic cyber hygiene; a greater awareness of the value of data means those who have access to it can be more tempted to steal or sabotage information if they become disgruntled or seek to illegally profit. Knowing whether others in your tent are doing their part to secure critical data is certainly a difficult ask, but is one that organisations are trying to solve on two fronts: better training and better technology.
Cyber IQ sat down with Patrik Heuri, a global head of security risk at a major bank, who confirmed that both negligence and malicious activity are being considered as equal evils...
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