Should You be Just as Concerned about Internal Threats as External Ones?

At least once a week there’s a new breach reported by the media. The type of records breached may differ, but the InsideExternalThreatdamage to each company’s brand is pretty consistent. It sparks anger and concern from those who have had their personal data exposed… and it may also result in ongoing lawsuits. Most of these stories seem to focus on external actors stealing data and selling it on the dark Web, but there is a significant internal threat as well. So which one should you be more concerned about?

This question was asked in a recent cybersecurity survey conducted by LTM Research that targeted 2,000 CISOs responsible for the security and management of large enterprise networks at companies headquartered in the U.S. or U.K. with more than $1 billion in annual revenue. The research revealed concerns about internal and external threats, the impact a breach can have on an organization, and vulnerabilities due to underfunded security initiatives.

34% of respondents indicated that they are very concerned about external threats and 25% said that they are very concerned about internal threats. But according to a study by Infosec Institute, 52% of breaches were due to a malicious insider while 48% were due to external threats.

Whether it’s an internal or external threat, it is critical for enterprises to know when their crown jewels are vulnerable. They must be able to uncover who is accessing sensitive information as well as what they are doing with it. To find out how to accomplish this, click here.

For more information on the LTM Research report and to view the results, click here.