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Security: IT Organizations Say Insider Fraud and Abuse is Rampant
A report from the Ponemon institute includes some startling statistics on insider fraud and abuse of IT privileges within organization.
- Three-quarters of organizations suspect that IT users with administrative rights may have altered senstive data
- 81 percent of organizations say that they know of unprivileged users using the credentials of privileged users to bypass security controls
- Organizations average one case of computer-assisted employee-related fraud per week
- 62 percent of organizations said that they weren’t able to determine the extent of financial damages caused by fraud
- In two-thirds of fraud cases, charges weren’t brought because it wasn’t possible to gather sufficient actionable evidence
- It takes, on average, about three months to uncover security incidents and another three months to then fully investigate the cause and consequences of the incident
- 52 percent of organizations don’t think that they have the technology or the know-how to be able to prevent or quickly detect insider fraud, including employees’ misuse of IT resources
Larry Ponemon, chairman and founder of the Ponemon Institute, commented on the findings that “this data demonstrates that employee actions across an enterprise are not visible. While organizations may have policies in place that are meant to curtail insider fraud, what’s on paper doesn’t necessarily lead to compliance.”













