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New Survey Confirms Majority of IT Security Crimes Committed by insiders

posted onJuly 30, 2001
by hitbsecnews

Survey Sites Top Two Security Breaches Come From "Insiders". Layoffs, mergers and acquisitions increase chance of security breach. Companies are increasing their spending on network security on Network Security.

Security software developer Camelot and eWeek magazine announced today the results of a nationwide network security survey revealing authorized users, such as employees, contractors and consultants, commit the majority of security breaches at companies.

The survey, conducted last week by Digital Research, Inc., shows that authorized users are by far a company?s biggest security threat. In addition, results highlight that companies are placing greater emphasis on IT security issues by increasing internal IT network security budgets within the last year....

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the Full Survey Results Here

Survey results include:

    The top two reported security breaches come from within the company's network:

  • 57% of respondents cited users accessing resources they shouldn't be entitled
    to as a cause of network security breaches
  • 43% of respondents indicated security breaches were caused by user accounts
    left open after an employee has left the company
  • IT security budgets are on the rise:

  • Nearly half of the companies surveyed are increasing the budget for network
    security software and hardware
  • One in three companies has an annual budget specifically allocated to
    maintain and/or upgrade a network security system. Of those companies, 40%
    have an annual budget of at least $100,000 for network security systems
  • Close to half of the respondents plan to upgrade their network security
    system

"The results of the survey pinpoint a major achilles heel too often unknown
or underestimated by corporations. The recently publicized external hacks represent
a very small portion of the constant infringements a network endures daily,"
said Yuval Baharav, president and CEO of Camelot. "Too often, 'authorized' user
behavior goes unchecked. In an era of downsizing, mergers and acquisitions,
proprietary information is at risk. This issue, when combined with growing Corporate
networks while protecting privacy, represents a serious challenge. Our research
shows that management is concerned about who is accessing company resources
and reconsidering how security permissions are granted."

"Although this survey validates that companies are taking steps toward establishing
network security systems, the need to focus resources to maintain network security
policies inside their companies remains unyielding," said Carolyn Adams, Research
Director, eWeek. "Unless companies proactively secure areas of weaknesses within
their networks, these statistics will increase indefinitely."

Camelot, the Network Intelligence company, partnered with eWeek, a magazine
providing essential technology information source for builders of e-businesses,
to conduct this nationwide survey of business executives to assess attitudes
towards network security and privacy. Earlier this year, Camelot launched the
world's first automated access control product, Hark!?, that addresses the issues
concerning centralized automated policy creation and enforcement, and real-time
notification and management.

The results of this survey are based on 548 online surveys completed by business
executives among a sampling of eWEEK subscribers. A sample of this size is considered
accurate to plus or minus 4.2 percentage points at the 95% confidence level.

About
Camelot

Established in 1998, Camelot, the Network Intelligence company, develops and
standardizes a new network management and security paradigm. Its flagship product,
Hark!? is the first fully automated access control solution. Camelot's management
team is comprised of seasoned executives from various fields including software
development, information security, learning systems and databases as well as
marketing, sales and business development. Funded by high profile key investors
such as SOFTBANK's Seed Capital Partners, PCG ventures, the venture capital
arm of Pacific Capital Group, Ampal etc., Camelot is a multinational company,
with headquarters in Haifa, Israel, and offices in New York.

About eWeek magazine
eWEEK is the essential technology information source for builders of e-businesses.
Through a combination of news, analysis and evaluation, it guides readers in
making the best technology decisions for their enterprises. Focusing on e-commerce,
communications and Internet-based architecture, eWEEK enables readers to successfully
evaluate, deploy and leverage new technology solutions for competitive advantage.
It delivers the most relevant news and reviews every week - in print, daily
on the Web and via Webcast - and through Net-based and face-to-face conferences.

About
Digital Research, Inc. (DRI)

Digital Research, Inc. is a full-service marketing research firm providing clients
with reliable primary research data and analysis. DRI helps business and government
leaders understand attitudes, beliefs, and behaviors, so they can respond with
confidence to the demands of the world around them. DRI works closely with their
clients to develop effective decision-support systems that enable them to make
informed choices. DRI's research approach is customized to meet the unique needs
of each individual client.

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