Addressing the Invisible Information Leak Threat
Phil Vasic · 2008
Security professionals in today's stringently regulated financial industry face a daunting challenge in protecting the wealth of valuable information held by a company. Recent data breaches and the subsequent, hard-hitting repercussions, highlight the direct and immediate relevance of these incidents to any financial organisation. As more breaches are exposed, this also indicates that - perhaps - this is a challenge endemic in the entire industry and one which won't go away. Many firms are adopting a piecemeal approach to security which can, and often does, leave them exposed. Too often, efforts have focused on preventing security threats from outside an organisation rather than addressing the insider threat - of accidental or malicious data leaks from inside a company's boundaries. And with increasing frequency and severity, more and more organisations are becoming victims of high-profile leaks that start with a simple click of the 'send' button or an innocuous instant messaging conversation. Five of the most common myths about data protection are highlighted.