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Protection From The Inside Out™

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The Inside Job

Aren’t they all? Well–not all, but darn near. It is estimated that only one percent of corporate data loss is a function of external threats or hackers.

In a recent case, a bank employee in New Jersey was arrested for selling bank customer account information and personal details. The information theft led to actual financial theft of nearly $40,000 from about ten different bank accounts.

Time and time again, information and data breach incidents demonstrate two things: 1) users and employees with legitimate authorized access to sensitive data are the greatest risk to that data, and 2) the cost of reacting to data breach incidents after the fact is substantially more than the cost of proactively safeguarding the information.

Make sure you have solid data protection policies in place for your organization. Then, invest in the DLP tools to proactively monitor and enforce those policies to protect your data.

This entry was posted in Data Storage Security, Security Breaches & Data Loss Incidents and tagged arrest, bank account, data breach, New Jersey, personal information, TD Bank of Elmwood Park on March 16, 2011 by David Anash.

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