Current crisis impacting the potential for insider threat

In his recent testimony to a House subcommittee on Financial Services, Financial Institutions, and Consumer Credit, CERT Chief Scientist Greg Shannon said that continued stress of the current economy on the workplace is impacting and exacerbating the potential for insider threat. Not surprisingly, the economic downturn is spawning a rise in cyber breaches at financial services firms, but increasingly the culprits are the banks’ own employees, academic experts told Congress.”Organizations are working hard to build walls around their network infrastructure to keep people out but are having a difficult time defending against potential menaces that are already on the inside of the fence,” Shannon testified. Read more on: Cyber breaches at financial firms increasingly are inside jobs.