ISR News: Economy Spurs Cybercrime

December 31, 2008 by ADMIN
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Excerpt from BBC News‘ Mark Ward

Some security firms fear that making people redundant could also trigger a wave of crime as aggrieved workers strike back at their employers.

“The damage that insiders can do should not be underestimated. It can take just a few minutes for an entire database that has taken years to build to be copied to a CD or USB stick,” said Adam Bosnian, a spokesman for Cyber-Ark.

“With a faltering economy companies need to be especially vigilant about protecting their most sensitive data against nervous or disgruntled employees,” he said.

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Filed under: Breach, D&O Liability, Financial, ISR News, Insider Threat, PCI, Sarbanes-Oxley, Uncategorized, hackers, identity-theft, malware, national security, privacy 

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