Has your intellectual property been stolen?

August 2010 Information Security

While snooping continues to rise, IT security is making it harder for insiders to get around controls that protect highly sensitive information.

The results of Cyber-Ark Software’s fourth annual Trust, Security and Passwords global survey show that 35% of respondents believe their company’s highly sensitive information has been handed over to competitors. 37% of the IT professionals surveyed cited ex-employees as the most likely source of this abuse of trust.

While perhaps not surprising that disgruntled workers top the list, it is noteworthy that 28% suspected 'human error' as the next most likely cause, followed by falling victim to an external hack or loss of a mobile device/laptop, each at 10%. The most popular information shared with competitors was the customer database (26%) and R&D plans (13%).

Cyber-Ark’s fourth annual Trust, Security and Passwords global survey is the result of interviews conducted in the Spring of 2010 with more than 400 senior IT professionals both in the US and UK, mainly from enterprise-class companies.

There was little year-over-year change in the number of respondents who suspected the loss of intellectual property to a competitor, indicating that more needs to be done to protect companies’ most valued assets. Additionally, to address vulnerabilities related to human error that could expose a proprietary database or financial information, organisations must employ additional layers of control such as the ability to grant privileges to sensitive data and systems on-demand. This limits innocent mistakes by allowing access to information only when users need it to perform a particular task or query.

Adam Bosnian
Adam Bosnian

Snooping on the rise

The research also confirmed that snooping continues to rise within organisations both in the UK and the US. 41% of respondents confessed to abusing administrative passwords to snoop on sensitive or confidential information – an increase from 33% in both 2008 and 2009. When examining the information that people were willing to circumvent the rules to access, US respondents targeted the customer database first (38% versus 16% in the UK) with HR records most alluring to UK respondents (30% versus 28% in the US).

Despite the rise, there was also the admission that organisations are trying to better curb snooping and are installing stronger controls to prevent these incidents. Based on this year’s survey, 61% responded they could circumvent those controls – a decrease from 77% in 2009. Additionally, 88% of IT professionals believe their use of these privileged accounts should be monitored, however only 70% of organisations actually attempt to do so – with one-third turning a blind eye to what is happening within their networks and therefore failing to meet regulatory and compliance requirements. Insider sabotage, unfortunately and rather disconcertingly, has increased from 20% last year to 27% this year.

Speaking about the results, Cyber-Ark’s executive vice president Americas and corporate development, Adam Bosnian commented, “While we understand that human nature and the desire to snoop may never be something we can totally control, we should take heart that fewer are finding it easy to do so, demonstrating that there are increasingly effective controls available to better manage and monitor privileged access rights within organisations. With insider sabotage on the increase, the time to take action has already passed and companies need to heed the warnings.

“It is the organisation’s obligation to protect its sensitive information and intellectual property. Failing to do so, in our opinion, makes the company as bad as those who are abusing their privileged positions. Let us face it, you might as well sell the information to the highest bidder yourself – that way at least you will have some control over who has got it.”

IT the best at snooping

The survey found that 67% of respondents admitted having accessed information that was not relevant to their role. When asked what department was more likely to snoop and look at confidential information, more than half (54%) identified the IT department, likely a natural choice given the group’s power and broad responsibility for managing multiple systems across the organisation. Of note, this is an up-tick compared to the 35% who identified the IT department as likely suspects in 2009, a number that had decreased from 47% in 2008. Respondents identified Human Resources the next curious at

11%, followed by administrative assistants.

To download a detailed report of the survey results, please visit http://www.cyber-ark.com/constants/white-papers.asp





Share this article:
Share via emailShare via LinkedInPrint this page



Further reading:

Compressing cyberattack timelines and targeting ungoverned AI identities
Information Security News & Events
Sophos AI Security 2026 report finds attackers are moving beyond experimentation and operationalising AI for attacks using identity as the primary initial access vector, rather than inventing new attack types.

Read more...
Zero-touch automation certificate life cycle management loop
Products & Solutions Information Security Security Services & Risk Management
ManageEngine completes the certificate life cycle management loop with CA-agnostic, zero-touch automation. New post-deployment automation in Key Manager Plus removes the last manual step in certificate renewal as lifespans gradually shrink to 47 days

Read more...
Sophos launches AI-native cybersecurity defence system
News & Events Information Security Security Services & Risk Management
Built for a threat landscape reshaped by AI, Sophos Fusion unites security operations, endpoint, network security, identity, email, and cloud into one defence system that prevents, detects, investigates, and responds at AI speed.

Read more...
Ungoverned AI agents and deepfakes pose critical threats
Information Security Security Services & Risk Management
Global study reveals 64% of South African organisations already deploy autonomous AI agents with little to no governance, while 63% of employees admit they are unlikely to be able to spot attacks such as deepfakes

Read more...
How ‘TikTok Brain’ is breaking legacy security training
Training & Education Information Security
Between doomscrolling, rapid-fire Slack notifications, and algorithmic video feeds, the average employee is trapped in an aggressive, highly engineered dopamine loop that automatically shuts down in traditional training situations.

Read more...
Quantum is coming
Infrastructure Information Security
The global cybersecurity landscape is approaching a turning point as quantum computing accelerates faster than most organisations realise; the shift is not a distant, theoretical concern, but a present-day business risk that demands immediate action.

Read more...
Outpacing cyberthreats in the age of AI
SMART Security Solutions Technews Publishing News & Events Information Security
SMARTpod talks to Fred Streefland, Global Field CISO for EMEA at Check Point Software Technologies, about framing modern cyber defence around adaptability, rapid decision-making, and the OODA loop adapted for cybersecurity.

Read more...
Prompt injection is the new phishing
Information Security Security Services & Risk Management
AI security is heading in an uncomfortable direction following Microsoft’s research showing how prompt injection can be chained to remote code execution vulnerabilities in AI agent frameworks, including work involving Semantic Kernel

Read more...
Cybersecurity needs actual intelligence before artificial intelligence
Information Security AI & Data Analytics
Cybersecurity depends on interpretation. A tool can tell you that something unusual has happened, but people need to determine whether it is a genuine risk, the business impact, and how to respond without causing unnecessary disruption.

Read more...
Duxbury Cybersecurity sharpens reseller offering
Duxbury Networking Information Security News & Events
Duxbury Networking has strengthened its Duxbury Cybersecurity business unit by adding WatchGuard and Cynet, giving South African resellers broader, more integrated coverage for the security risks customers are now asking them to address.

Read more...










While every effort has been made to ensure the accuracy of the information contained herein, the publisher and its agents cannot be held responsible for any errors contained, or any loss incurred as a result. Articles published do not necessarily reflect the views of the publishers. The editor reserves the right to alter or cut copy. Articles submitted are deemed to have been cleared for publication. Advertisements and company contact details are published as provided by the advertiser. Technews Publishing (Pty) Ltd cannot be held responsible for the accuracy or veracity of supplied material.




© Technews Publishing (Pty) Ltd. | All Rights Reserved.