Feeds

Curious employees are biggest security risk

The devil inside

  • alert
  • submit to reddit

Securing Web Applications Made Simple and Scalable

Forget about Internet crackers, employees are the biggest security problem for most businesses.

That's the main conclusion of a survey of UK IT managers which suggests that most firms are prepared for the threats posed by viruses and hackers, but are still struggling to secure data on their own networks.

Around half (51 per cent) of the respondents to the Oracle/Institute of Directors-sponsored survey, said that internal security breaches were a bigger threat to business than those originating outside their companies. This belief was particularly strong among smaller firms.

Oracle quotes a study by the Computer Security Institute (CSI) which concluded that the average insider attack cost the target enterprise approx. $2.7 million, compared with $57,000 for the average outside attack.

Oracle reckons firms need to switch their attention to securing data on their networks from "curious" employees via measures such as encryption and password protection.

This is easy enough, Oracle suggests, but "90 per cent of the time businesses will not put these safeguards in place because of drains on performance or other similarly weak excuses."

Ouch.

One in three of the 100 IT managers polled during the survey cited the loss of customer confidence as the most damaging aspect of a security breach. Downtime and loss of commercially sensitive information (both 23 per cent) were selected as the next most important. Credibility (14 per cent) and loss of revenue (7 per cent) were selected as the least important factors.

In a worrying finding for the development of e-commerce, more than a quarter (27 per cent) of respondents to Oracle study stated that concerns over security had prevented them granting external customers, suppliers or partners access to their Web site. This sentiment was expressed most strongly by firms with a turnover exceeding £250m, the study (conducted by IT research consultancy Vanson Bourne) discovered.

The survey reveals a certain amount of confusion among IT managers as to where responsibility for security lay. While 32 per cent of companies stated that a non-IT executive was in charge of security, 22 per cent said they had a manager whose remit was to deal exclusively with security. ®

The smart choice: opportunity from uncertainty

More from The Register

next story
Mozilla fixes CRITICAL security holes in Firefox, urges v31 upgrade
Misc memory hazards 'could be exploited' - and guess what, one's a Javascript vuln
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Don't look, Snowden: Security biz chases Tails with zero-day flaws alert
Exodus vows not to sell secrets of whistleblower's favorite OS
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
Researcher sat on critical IE bugs for THREE YEARS
VUPEN waited for Pwn2Own cash while IE's sandbox leaked
Four fake Google haxbots hit YOUR WEBSITE every day
Goog the perfect ruse to slip into SEO orfice
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.