Every employee is hired to do a job, but every employee also represents potential risk to their company. In the past year, 68% of employers have noted an increase in insider attacks. The top attacks include fraud, monetary gain and IP theft and cost companies millions of dollars. One major reason for an increase in insider risk in the past year is remote work. Not only are people outside of their manager’s physical view, they are often working outside of their company’s network.
The rising adoption of digital processes in manufacturing has fundamentally changed how this sector does business. The increased reliance on digitization and network connectivity has sharpened the risks of company data exfiltration, intellectual property damages, and more, especially those stemming from insiders. Insider threat actors operate from a position of trust that allows them to circumvent security and evade detection for months, if not years.
Though the level of fear of Covid 19 has diminished, there are other fears surrounding the 2022 Olympic games. Fears of telecom disruptions and ransomware attacks are founded, and the damage that could be caused has increased with the reliance on technology to broadcast the Games, which kicks off on February 4. Organizers are preparing for the kind of cyberattack that temporarily paralyzed IT systems ahead of the official opening ceremonies of the 2018 Pyeongchang Winter Olympics in South Korea.