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Building a Holistic Insider Risk Management Program
The risk landscape has changed dramatically with the growth of the digital landscape. The amount of data captured, copied and consumed is expected to rise to more than 180 zettabytes in the near future. Traditional ways of identifying and mitigating risks simply don't work. Historically, organizations have focused on external threats; however, risks from within can be just as prevalent and harmful. These trends make it imperative to think about insider risk as a core part of your data protection strategy with a holistic approach including the right people, processes, training and tools. The Microsoft Security report, "Building a Holistic Insider Risk Management Program: 5 elements that help companies have stronger data protection and security while protecting user trust," provides insight. Download the report for an inside look at how Microsoft shifted from focusing solely on risk management to thinking about building value and security culture and benefits it gained as a result.
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Insider risk refers to the potential for individuals with authorized access to an organization's assets to misuse that access, either maliciously or unintentionally, in a way that negatively impacts the organization. This includes both physical and virtual access to information, processes, systems, and facilities.
Why adopt a holistic approach to insider risk management?
A holistic approach to insider risk management integrates the right people, processes, training, and tools, leading to better outcomes. Organizations that adopt this strategy often see greater buy-in from various departments, improved employee trust, and a proactive stance on privacy controls. For instance, over 90% of holistic organizations believe that privacy controls should be utilized early in investigations, which helps in fostering a culture of security.
What challenges do organizations face with insider risk?
Organizations face several challenges in managing insider risk, including concerns over employee privacy rights, potential loss of trust among employees, and the degradation of the work environment. Additionally, many organizations struggle with ensuring that the personnel responsible for detecting insider risks are trustworthy themselves, as IT departments are often seen as highly at risk for insider issues.
Building a Holistic Insider Risk Management Program
published by Fidelitech Solutions Inc.
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Our custom service packages deliver what you need and want without overstepping the boundaries of your budget. From cloud services to data backup, Fidelitech Solutions is here to team up with you and your company for expert support.
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