A Fraud Series - Part Six: Insider Threat Security

An insider threat is a vulnerability of a system resulting from people within the organization. This can be intentional or unintentional: accidental breaches due to negligence or phishing are possible. Using the Connected Toolkit, we can use data from within a company’s system to predict where potential insider threats will occur.

Contact us

A Fraud Series - Part Six: Insider Threat Security

An insider threat is a vulnerability of a system resulting from people within the organization. This can be intentional or unintentional: accidental breaches due to negligence or phishing are possible. Using the Connected Toolkit, we can use data from within a company’s system to predict where potential insider threats will occur.

Fill out form to continue
All fields required.
Enter your info once to access all resources.
By submitting this form, you agree to Expero’s Privacy Policy.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

An insider threat is a vulnerability of a system resulting from people within the organization. This can be intentional or unintentional: accidental breaches due to negligence or phishing are possible. An employee’s credentials can be stolen or hacked, allowing access into the system from the inside. This makes it very difficult to stop such an attack, since the attacker already has the necessary means to bypass the security layer. This is partly why some estimate up to 60% of data breaches are a result of insider threats. Because insider threats often lead to data breaches, their mitigation is a priority. As we will explain below, the Connected Toolkit helps users find these threats and predict where they will happen in the future.

There are methods many companies use to alleviate this issue. Take the example from our last blog post:

“Maybe if a company has seen an increase in phishing emails to its employees in a given week, it’s possible a group is trying to compromise their system. Maybe the company being attacked can send out alerts, or try to filter these newer phishing emails."

Having trustworthy employees alone will not solve the issue, as they can be manipulated or let their guard down. Training employees on how fraudsters operate is a widely used tactic as well. But even then employees will let their guard down. Furthermore, attackers' techniques become more sophisticated as they learn to adapt to what works and what doesn’t. This can be difficult to keep up with even with extensive training. Developing a system to react to existing threats and block potential threats is essential. Sending out alerts, for example, can help remind employees to remain aware of suspicious emails or phone calls.

Using the Connected Toolkit, we can use data from within a company’s system to predict where potential insider threats will occur. This is a huge upgrade to the world of sending out alerts to remind employees to remain aware. We can use data from existing patterns and learn from new patterns to stay ahead of many forms of insider threats. With a combination of training and security, our system provides a powerful tool to combat fraud.



User Audience

Services & capabilities

Project Details

Technologies

Oscar Hernandez

March 10, 2022

A Fraud Series - Part Six: Insider Threat Security

An insider threat is a vulnerability of a system resulting from people within the organization. This can be intentional or unintentional: accidental breaches due to negligence or phishing are possible. Using the Connected Toolkit, we can use data from within a company’s system to predict where potential insider threats will occur.

Tags:

An insider threat is a vulnerability of a system resulting from people within the organization. This can be intentional or unintentional: accidental breaches due to negligence or phishing are possible. An employee’s credentials can be stolen or hacked, allowing access into the system from the inside. This makes it very difficult to stop such an attack, since the attacker already has the necessary means to bypass the security layer. This is partly why some estimate up to 60% of data breaches are a result of insider threats. Because insider threats often lead to data breaches, their mitigation is a priority. As we will explain below, the Connected Toolkit helps users find these threats and predict where they will happen in the future.

There are methods many companies use to alleviate this issue. Take the example from our last blog post:

“Maybe if a company has seen an increase in phishing emails to its employees in a given week, it’s possible a group is trying to compromise their system. Maybe the company being attacked can send out alerts, or try to filter these newer phishing emails."

Having trustworthy employees alone will not solve the issue, as they can be manipulated or let their guard down. Training employees on how fraudsters operate is a widely used tactic as well. But even then employees will let their guard down. Furthermore, attackers' techniques become more sophisticated as they learn to adapt to what works and what doesn’t. This can be difficult to keep up with even with extensive training. Developing a system to react to existing threats and block potential threats is essential. Sending out alerts, for example, can help remind employees to remain aware of suspicious emails or phone calls.

Using the Connected Toolkit, we can use data from within a company’s system to predict where potential insider threats will occur. This is a huge upgrade to the world of sending out alerts to remind employees to remain aware. We can use data from existing patterns and learn from new patterns to stay ahead of many forms of insider threats. With a combination of training and security, our system provides a powerful tool to combat fraud.



User Audience

Services

Project Details

Similar Resources

2023 Trends in Fraud and AML

During this webinar, our speakers from Expero and Microsoft discuss expected trends in 2023 for Financial Crimes.

Watch Demo

Expero CoNNected Financial Crimes

Recent events have created increased focus on Financial Crimes attacks as well as Cyber, AML, and fraud attacks that are growing in sophistication creating losses in the billions. This session will identify how to reduce false positives by 60%, increase accuracy by 70% and improve overall team productivity by 80% with Expero CoNNected software that bolts onto current on premise technology.

Watch Demo

Expero Announces Turn-Key Anti-Fraud Solution Availability on AWS Marketplace

Expero is announcing the CoNNected for Financial Crimes platform, an all-in-one application to help fraud teams through dashboards, alerts, network investigation and exploration, case management, and reporting, is now available on the AWS Marketplace.

Watch Demo

Software Solutions to Fight Retail Fraud

The focus of this webinar is to identify how Machine Learning, Visualizations and new technology like Graph can directly increase the accuracy and output of retail systems. We will feature unique Expero lightning talks on ML & Business Visualization technology, followed by a Q&A session.

Watch Demo