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Staff are 'biggest cyber-criminals'

Source: BusinessEurope.com
Date: January 08, 2004

Businesses should look closer to home when assessing threats to their IT systems, according to new research.
IT security specialist Cyber Protect (CP) says more than half of UK companies were victims of cyber crime in 2003, and more are likely to be targeted this year.
But, surprisingly, the group says that a firm's own employees are most likely to hack into its systems and that - even more shockingly - senior managers are the biggest culprits.
Accessing confidential payroll details and client lists were common crimes, with many respondents admitting to deleting information from databases and accessing private details.

A spokesperson for CP said: "Although companies are aware of the threat of external hackers, many don?t realise how important it is to protect against internal hackers who can easily access confidential files and can actually do more damage."

The government recommends that bosses spend between three and five percent of their budget on IT protection, rising to 10% in higher risk industries, but CP says the majority of UK companies fork out just 1%.

The company says bosses must make sure that they are protected from both internal and external threats.

"The rise in availability and sophistication of hacking software combined with the small amount of time and money spent on IT security means businesses are extremely vulnerable to hacking activity," it said.

Original article

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