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Biggest Insider Threats of 2022: Lessons Learned and Key Takeaways for 2023

At the end of 2022, many cybersecurity companies published annual reports on the cybersecurity sector. Evolving and sophisticated attacks, scarcity of cyber resources, changes in data privacy laws, and highly experienced and trained bad actors are some of the cyber demons that tortured businesses and cybersecurity professionals throughout 2022. Additionally, these reports mentioned the insider threat lurking in the physical, digital, and cognitive domains and involving businesses’ most trusted entities: humans.

Businesses tend to underestimate the insider threat. They must realize that new trends such as working from anywhere, BYOD policies, phishing, smishing, and AI chatbot technology coupled with untrained, disgruntled, or disappointed employees increase the insider threat. Instead, businesses focus their concerns on securing the perimeter of their infrastructures to improve their cybersecurity posture and protect their tangible and intangible assets from outsiders’ cybercriminal activities. Undoubtedly, the insider threat shall not be overlooked.

The Insiders

An insider is every person who works for a business and contributes directly or indirectly towards its wealth and evolution. Insiders can be employees, partners, and contractors valuable to each company. They are an asset for every organization, but can also become a significant threat if overlooked.

What Are the Signs of Insider Threats?

The working environment evolves and gets more dispersed. Nowadays, employees enjoy working conditions from the comfort of their homes. They are allowed to use their personal computers for their work, the same they use to surf the internet and their social media world. They may even store their companies’ sensitive data, customers’ bio-data, and clients’ addresses on their laptop’s hard drive and plug their friend’s USB to copy a few photos of last weekend’s party. Negligence is a significant factor, but not the only one; employees can be malicious to leverage benefit out of their illegal acts. Read More…

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