“Keep your friends close, keep your enemies closer.” – John F. Kennedy
We’ve all heard news stories about insider trading. Wall Street executives with advance knowledge of a company’s plans sell off or buy volumes of stock, knowing that the price will go up or down, and make lots of money illegally. We’ve also heard the tales of an athlete or player who bets against his own team and then allows a goal or creates a play to ensure the outcome in his favor and his team’s misfortune. And the many instances of when ardent fans of a team believe that a referee has done the same. This insider betrayal is not a new phenomenon. In the Shakespeare play ‘Julius Caesar’, Caesar is famously betrayed by a confidant, a trusted insider, Brutus. Thus the famous line, ‘et tu Brute’ (basically, ‘and you Brutus!’). Also, in current pop culture, the TV series ‘Mr. Robot’, the central character Elliot hacks into the mega-company Evil Corp’s financial systems creating a global meltdown. He does this as a trusted employee of Evil Corp.
From these examples, and many more, you would think that we might take our own internal security a bit more to heart. Knowing that our well-placed trust is backed up by systems that will inhibit, prevent and track any potential breaches either intentional or otherwise, would certainly make sense and help us sleep better.
This has never been more true and timely than in today’s business environment.
When we think of cyber security threats, many of us conjure up images of shadowy figures conducting attacks from the privacy of their bedrooms. As hard as it might be to believe, though, an organization’s biggest security risk is actually its own employees.