US study shows attacks happening in working hours on company premises. New research findings suggest that insiders – not gangs of cyber criminals – pose the biggest threat to financial service providers’ systems and data. The Insider Threat Study, a joint initiative between the US Secret Service and Carnegie Mellon University Software Engineering Institute’s CERT Coordination Center, is the first in a series of seven reports examining insider attacks on information and systems across a range of business areas. Focusing specifically on insider attacks at banking and financial services, the study examined 23 insider attacks against financial service providers between 1996 and 2003, and revealed the need for “in-depth risk analysis” to reduce the risk of further attacks. Full Story
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