February 24, 2015  – 

2015 Vormetric Insider Threat Report

SAN JOSE, Calif. – Feb. 24, 2015 – Vormetric, a leader in enterprise data security for physical, big data, public, private and hybrid cloud environments, today announced the retail and financial-focused results of its 2015 Vormetric Insider Threat Report conducted online by Harris Poll in fall 2014 among 408 U.S. IT decision makers, with greater emphasis surrounding U.S. retail and financial enterprise threat perceptions and needs. Similar to the global ITR released in January, the role of privileged insiders and employee data access is explored in more specific detail, along with spending motivations and attitudes towards compliance standards.

ClickToTweet: 97% of U.S. financial services respondents report being somewhat or more vulnerable to insider threats. See http://bit.ly/1HBvHVg

ClicktoTweet: 48% of U.S. retail respondents experienced a data breach or failed a compliance audit in the last 12 months http://bit.ly/1HBvHVg

Ordinary employees, privileged users and the supply chain – such as contractors and third party service providers – are all conduits for a traditional insider threat. But the spectrum of insider threats also includes the compromise of these insider accounts by hackers using Advanced Persistent Threat (APT) attacks and other methods. As cloud and big data adoption accelerates, these new technologies also bring new risks to organizations with additional administrative roles and potentials for infrastructure compromise.

“Retailers and financial services organizations are feeling the heat. Over 51% of retailer respondents reported being very or extremely vulnerable to these attacks – the highest rates measured in the study. Financial services respondents reported the overall highest level of vulnerability at 97%,” said Alan Kessler, CEO of Vormetric. “Surprisingly, the data also shows that organizations are not connecting the dots about how to solve the problem. These organizations continue to invest at similar rates in both the network and end point security technologies that consistently fail under today’s attacks, as well as the data-at-rest solutions that can help them to solve the problem.”

To see the complete report:


InCyber Comments:

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