Survey: Insider Threats Surge Across U.S. Critical Infrastructure

Survey: Insider Threats Surge Across U.S. Critical Infrastructure

Over three-quarters (77%) of organizations across US critical national infrastructure (CNI) have seen a rise in insider-driven cyber threats in the last three years, according to new research by leading cyber security services firm Bridewell. The threat from within ranges from criminal intent to individual negligence, but those surveyed said an act of intentional destruction at the hands of an employee was committed on average at least every other week within the last year.

Bridewell’s findings come amidst a growing international focus on insider-driven cyber threats against critical infrastructure. The recent US Pentagon data leak, which saw a junior employee leak highly sensitive information, highlights the increased importance of strong insider threat controls and broader operational security.

The ‘Cyber Security in CNI: 2023’ research report, which surveyed 525 cyber security decision makers in the US, in the transport and aviation, utilities, finance, government, and communications sectors, reveals that increased insider threat could also be linked to increased geopolitical tension and the current economic pressures felt by individuals, with over a third (35%) of critical infrastructure organizations reported a rise in the number of internal employees turning to cyber crime due to poor economic conditions.

At the same time, the worry around cyberwarfare right now also remains high, with 81% of CNI organizations concerned the services that keep the US running are under threat. With high levels of risk associated with human factors, such as fear, natural error, or inadequate training, the research highlights the need for organizations to be particularly vigilant to insider threats and vulnerable employees as the economy continues to recover and nation-states remain politically motivated.

The research also highlighted that threats are continuing from all angles, with 38% of security decision makers worried social engineering and phishing attacks will increase as a direct result of economic uncertainty – which rises to 52% within the US finance sector.

The finance sector is under particular threat from ransomware attacks, with incidents occurring on average every 5-6 days in the past year compared with every two weeks across all sectors. A series of high-profile hacks against the sector, including February’s ransomware attack against financial software provider Ion Group, highlight fears that threat actors are preying on employees’ vulnerabilities and financial concerns to gain illicit access to sensitive critical data and systems.

Scott Nicholson, Co-CEO at Bridewell, commented: “Due to its importance to daily life and the economy, any insider threats whether through malice, negligence, or desperation, within critical infrastructure organisations could have severe and far-reaching consequences. The recent National Cybersecurity Strategy outlined the need for collaboration between private and public sector organizations to ensure national security is protected and maintained against threats from all angles. Sophisticated threat actors are primed to capitalize on human vulnerabilities and mistakes, so organizations must take proactive steps towards reducing insider risks through regular background checks, robust monitoring and access controls, and continual employee cybersecurity education and training that reflects the ever-evolving threat landscape. ”

Featured

  • Maximizing Your Security Budget This Year

    7 Ways You Can Secure a High-Traffic Commercial Security Gate  

    Your commercial security gate is one of your most powerful tools to keep thieves off your property. Without a security gate, your commercial perimeter security plan is all for nothing. Read Now

  • Surveillance Cameras Provide Peace of Mind for New Florida Homeowners

    Managing a large estate is never easy. Tack on 2 acres of property and keeping track of the comings and goings of family and visitors becomes nearly impossible. Needless to say, the new owner of a $10 million spec home in Florida was eager for a simple way to monitor and manage his 15,000-square-foot residence, 2,800-square-foot clubhouse and expansive outdoor areas. Read Now

  • Survey: 72% of CISOs Are Concerned Generative AI Solutions Could Result In Security Breach

    Metomic recently released its “2024 CISO Survey: Insights from the Security Leaders Keeping Critical Business Data Safe.” Metomic surveyed more than 400 Chief Information Security Officers (CISOs) from the U.S. and UK to gain deeper insights on the state of data security. The report includes survey findings on various cybersecurity issues, including security leaders’ top priorities and challenges, SaaS app usage across their organization, and biggest concerns with implementing generative AI solutions. Read Now

  • New Research Shows a Continuing Increase in Ransomware Victims

    GuidePoint Security recently announced the release of GuidePoint Research and Intelligence Team’s (GRIT) Q1 2024 Ransomware Report. In addition to revealing a nearly 20% year-over-year increase in the number of ransomware victims, the GRIT Q1 2024 Ransomware Report observes major shifts in the behavioral patterns of ransomware groups following law enforcement activity – including the continued targeting of previously “off-limits” organizations and industries, such as emergency hospitals. Read Now

Featured Cybersecurity

Webinars

New Products

  • HD2055 Modular Barricade

    Delta Scientific’s electric HD2055 modular shallow foundation barricade is tested to ASTM M50/P1 with negative penetration from the vehicle upon impact. With a shallow foundation of only 24 inches, the HD2055 can be installed without worrying about buried power lines and other below grade obstructions. The modular make-up of the barrier also allows you to cover wider roadways by adding additional modules to the system. The HD2055 boasts an Emergency Fast Operation of 1.5 seconds giving the guard ample time to deploy under a high threat situation. 3

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.” 3

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings. 3