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Report: Insiders Wreaking Havoc on Corporate Security

By 2005, 60 percent of the costs associated with corporate security breaches will be financially or politically motivated, according to a new report from Gartner Inc. The industry analyst firm also notes that most of those financial losses will be at the hands of insiders — either working alone or in conspiracy with someone outside the company. ”Security managers and CIOs are well aware of the threat posed by insiders, but often find it easier technically and politically to take action against external threats instead,” says Victor S. Wheatman, managing vice president for Gartner. ”Businesses must take steps to secure themselves against criminally intent insiders or resign themselves to suffering significant losses from insider crimes.” Critical business practices, such as collaboration and knowledge management, demand intensive information sharing, even across businesses. This open access often results in unauthorized use of computers and networks, according to the Gartner report. Full Story

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