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 Fired employees would take with them password list, R&D plans and customer database

Despite a sharp rise in data breaches and increased media awareness on the subject, the third annual Cyber-Ark survey reveals that 35 percent of IT workers now admit to accessing corporate information without authorisation, while 74 percent of respondents stated that they could circumvent the controls currently in place to prevent access to internal information.

Twelve months after the Cyber-Ark “Trust, Security & Passwords” survey discovered that 33 percent of IT staff used their IT administration rights to snoop around networks to access privileged, corporate information such as HR records, redundancy lists, customer databases and M&A plans, a repeat of the survey has discovered that the situation has escalated.

One of the most revealing aspects of the survey was found in the types and quantity of information employees would take with them if they were fired. As the economic climate has worsened, the survey found a sharp increase in the number of respondents who say they wo...  [ more ]

 IT managers are overconfident in their ability to prevent data breach threats from zombie accounts

A global survey of 236 business managers from large enterprises – more than half from companies with at least 10,000 employees - reveals that 53% of IT managers are largely unaware of employee access rights to systems. This causes a proliferation of zombie accounts – accounts that remain active after employees have left the company. However, these same administrators say they have a high level of confidence that zombie accounts cannot trigger a malicious attack or perpetrate a data leak, despite high-profile evidence to the contrary.

The Courion® Corporation survey results reveal that while a vast majority (93%) of organisations are confident that terminated employees pose no security risk to their systems by virtue of legacy access, many have limited or no knowledge of the systems to which their active and terminated employees have access. This unwarranted confidence in system security leaves companies vulnerable to attacks that could cost millions.

Other key survey results inc...  [ more ]

 

 

Latest corporate security articles

 Fired employees would take with them password list, R&D plans and customer database

 IT managers are overconfident in their ability to prevent data breach threats from zombie accounts

 StoneGate IPS can inspect encrypted web traffic to protect hosts and servers against hidden web attacks

 Unisys partners with Prevx to help banks reduce the risks they face from cyber crime

 FalconStor Software Virtual Tape Library delivers the fastest backup and deduplication time

 Clavister launches Security Gateway 4300 Series with UTM and built in VPN connectivity

 Kaspersky Internet Security Special Edition for Ultra-Portables provides protection from all types of Cybercrime

 3ami MAS v7 enables businesses to monitor and audit employee usage of USB devices

 InfoExpress CARE lets organizations deploy Network Access Control at a reduced cost

 Google creates custom search engine to assist advertisers in spotting providers of malicious ads

...[view more articles on corporate security]...

 

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Comporium elects corporate officers (BizJournals) Comporium Group’s board has elected Rebecca Meares as corporate secretary and Daniel Robertson as corporate treasurer.

Panda Security Launches the Panda Challenge Worldwide (redOrbit) GLENDALE, Calif., July 2 /PRNewswire/ -- Panda Security, the Cloud Security Company, today announced the global launch of the Panda Challenge, a competition offering participants a chance to decipher codes of three levels of increasing difficulty to discover a hidden password inside.

HITRUST Creates Forum to Foster Corporate Leadership for Information Security in the Healthcare Industry (Business Wire via Yahoo! Finance) FRISCO, Texas----The Health Information Trust Alliance announced today the Leadership Roundtable to support the growing role of the healthcare chief information security officer , as corporate responsibility for the protection of electronic health information takes the public stage.

EADS to boost Saudi border security (UPI) PARIS, July 2 (UPI) -- The European Aeronautic Defense and Space Co. has won a multibillion-dollar contract to improve Saudi Arabia's border security.

One Communications to Sell Notes as Corporate Spreads Tighten (Bloomberg) July 2 (Bloomberg) -- One Communications Corp. , a Rochester, New York-based telephone services provider, is among companies planning to sell notes as investor demand for corporate debt tightens yields relative to benchmark rates.

U.S. Corporate Credit Risk Index Rises Before Unemployment Data (Bloomberg) July 2 (Bloomberg) -- A benchmark gauge of corporate credit risk in the U.S. rose for the first time in four days before a government report that may show the nation’s unemployment rate climbed to the highest in 26 years.

Chinese Security Company Shares Huge Malware Database (PC World via Yahoo! News) A Chinese company that has created a massive database of malware found on Chinese Web sites opened up the information to other security organizations on Thursday.

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