Insider Risk Management And Rogue Employees

People are a major security risk. An organization can be vicariously liable for cyber incidents caused by its employees, whether acting negligently or maliciously, even if the organization is not at fault and could not have prevented the incident. An insider risk management program can help reduce, insider risks. Organizations should establish an insider risk management program, and consider procuring insurance for residual risk.

Insider Risk

Studies consistently indicate that a significant portion of cybersecurity incidents originate from, or are facilitated by, a current or former insider (e.g. a director, executive/manager, employee or contract worker) of the affected organization or its business partners. An organization's insiders present significant risk because they have privileged access to the organization's information technology systems, special knowledge of the organization's valuable data and security practices and a greater window of opportunity