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Woburn, MA – January 9, 2024 — Cyber incidents caused by ‘human factor’ are usually attributed to occasional employee errors, but one more important element is often overlooked: deliberate malicious behavior by staff. A new Kaspersky study has found that in the past two years, 86% of companies in the United States have faced cyber incidents, 27% of which were caused by deliberate malicious behavior by employees.

When examining the ‘human factor,’ there are several elements that can negatively affect how a business runs ranging from ordinary employee mistakes to the misallocation of budget by decision makers. One of the most important factors that is often overlooked is malicious actions by staff, as seen in a recent case occurring at Tesla.

What are insider threats?

There are two main types of insider threats: unintentional and intentional. Unintentional, or accidental threats, are employees’ mistakes such as falling for phishing and other social engineering methods, sending sensitive and confidential information to the wrong person, etc. 

In contrast, intentional threats are perpetrated by malicious insiders who deliberately hack into their employer’s systems. They usually do so for financial gain from the sale of sensitive data or as an act of revenge. Malicious insiders aim to disrupt or stop an organization's regular business operations, expose IT weaknesses and obtain confidential information. 

  • Insiders with malicious intentions are the most dangerous of all employees who can provoke cyber incidents. Threats posed by their actions are complicated by several factors:
  • Insiders have specific knowledge of an organization’s infrastructure and processes, including understanding of the information security tools used.
  • They are already inside the company's network, and do not need to penetrate the perimeter from outside via phishing, firewall attacks, etc.
  • They have colleagues and friends within the organization, so it's much easier for them to use social engineering.
  • Insiders with malicious intentions are highly motivated to harm their organization.

What are the reasons for insider malicious actions? 

One of the main reasons for employees to commit malicious actions against an employer is financial gain. Often it means stealing sensitive information with the intention of selling it to a third party like competitors, or even auctioning it on the dark web where cybercriminals buy data to attack businesses.

If employees have been fired, malicious behavior might take place out of revenge. This can be conducted even through connections with current staff, but the worst-case scenario occurs if they still can log into their work account remotely because the organization hasn’t removed their ability to access its systems as soon as the employee left the company.

Another interesting type of malicious action occurs when one or more insiders collaborate with an external actor to compromise an organization. These incidents frequently involve cybercriminals recruiting one or more insiders to carry out different kinds of attacks. There may also be cases in which third parties, such as competitors or other interested parties, collaborate with staff to obtain the company’s sensitive data.

“Malicious actors can be discovered anywhere, even inside your own business. That’s why organizations should build an up to date, resilient, transparent IT-security system, uniting effective security solutions, smart security protocols and training programs for both IT and non-IT staff to safeguard against this threat,” said Alexey Vovk, head of information security at Kaspersky. “It’s also crucial to implement products and solutions that will protect the organization’s infrastructure.”

These findings and more can be found in the full report on Kaspersky Daily.

To combat malicious insider threats, Kaspersky recommends:

About Kaspersky

Kaspersky is a global cybersecurity and digital privacy company founded in 1997. Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection, specialized security products and services, as well as Cyber Immune solutions to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and we help over 220,000 corporate clients protect what matters most to them. Learn more at www.kaspersky.com.

Media Contact:

Cassandra Faro

Cassandra.Faro@Kaspersky.com

781-503-1812

 

Kaspersky finds staff’s malicious actions bring risks to cybersecurity in businesses

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