Veriato Blog

CSOs: 69% of Data Breaches are Attributed to Employee Negligence, Theft, or Sabotage

by Veriato | Jan 24, 2019

Every company – big or small – wants to avoid a data breach.  Most efforts are placed on protecting the environment from external threat actors and cyber-criminal organizations attempting to get in.

But, according to Shred-It’s 2018 State of the Industry report, A material focus should be placed on internal employees. Those with access to critical, sensitive, protected, or otherwise valuable data pose a real threat. According to the report, of those enterprise organizations experiencing a data breach in the last year, CSOs found that 47% of the breaches were due to employee negligence, and 22% to deliberate employee theft or sabotage.

But it’s not just enterprises that should be concerned.  According to Shred-It, an equally material 71% of small business owners who experienced data were attributed them to employees (42% negligence, 29% deliberate theft or sabotage).

So, how can organizations get ahead of employee actions resulting in data breaches to either prevent a breach or minimize its affect?

Organizations should take a two-pronged approach to addressing this problem:

  1. Predict Maliciousness – there’s a reason an employee commits data theft or sabotage; they’re unhappy, they need money, the feel unappreciated at work, etc.Looking for shifts in behavior and communication via User and Entity Behavior Analytics can effectively predict using analysis of psycholinguistic indicators and communications mediums when employee’s loyalty shifts from the organization to themselves.
  2. Monitor User Activity – whether negligent or malicious in intent, employee behavior around data breaches involves the user performing some action that puts the organization at risk. Whether data is copied, printed, emailed, messaged, or shared, the user interaction with data and applications can be watched and alerted on via Employee Monitoring Software, notifying the organization of potentially threatening actions.

The Shred-It data makes it clear; employees are a material enough problem to require some oversight and scrutiny.  So, if your security strategy doesn’t include monitoring and analyzing user behavior, it may be time to consider adding efforts to the protect against the insider.