More than 70 percent of IT managers and C-level executives say the insider threat is the biggest risk to their organization, and nearly 65 percent say most cyberattacks abuse privileged user accounts.
The data, from Cyber-Ark Software’s 6th Annual Trust, Security and Passwords survey published today, demonstrates a growing awareness of how the insider threat isn’t just about employees gone bad, but also how the valuable privileged user account is increasingly being abused by attackers. The data also demonstrates a growing realization and acceptance that the bad guys may well already be inside, says Adam Bosnian, executive vice president of the Americas and corporate development at Cyber Ark.
“Privileged accounts are powerful and can be misused. Sixty-four percent of [the respondents] believe the majority of attacks took advantage of privileged accounts,” Bosnian says. “People are starting to get it in a big way … Today, people acknowledge that someone is already inside and can do something bad.”
Cyber Ark’s survey, which polled 820 respondents in North America, Europe, the Middle East, and Africa, also found that organizations took the recent high-profile breaches such as that of RSA and other major companies, very seriously. More than half say they are rethinking their security strategy as a result of these big hacks.