Source: Wall Street Technology
The threat of insider fraud appears to be increasing. Insider data theft accounted for nearly 16 percent of all data breaches in 2008, up from 6 percent a year earlier, according to a study by the Identity Theft Resource Center. And perhaps more alarming, customer data stolen by an employee is misused more frequently than data obtained through an external breach, a recent study by ID Analytics reveals.
Phil Neray, VP of database security company Guardium, says there are two main reasons for the rise in the insider threat: Demand for sensitive corporate data has increased, and there is now a thriving black market where fraudsters can buy and sell this type of data.
ARC's new Fraud Investigations Course takes place 1-3 December 2008. Led by a former senior UK police fraud investigator and now serving magistrate, the course will draw on real-life examples to illustrate the risk posed to companies. For more details click below:
http://www.arc-tc.com/pages/accredited_investigation.asp#f3
Click on the link below for the Five-Step "Insider Threat" Management Strategy
http://www.wallstreetandtech.com/advancedtrading/showArticle.jhtml?articleID=210004190&cid=RSSfeed_TechWeb
