Ten Elements of Insider Risk in Highly Regulated Industries
High-regulation industries like government, healthcare, finance, technology, and energy must address insider risks to prevent severe consequences such as data breaches and regulatory penalties. Learn the essentials.
Insider risk, the potential harm from current or former employees with authorized access to organizational resources, is particularly critical for highly regulated industries such as government, healthcare, finance, technology, and energy. These organizations must address insider risks to avoid severe consequences like data breaches and regulatory penalties. Effective management of these risks includes proper offboarding, comprehensive security training, and selective monitoring that emphasizes data quality over quantity.
Insider risk involves threats from authorized individuals and is especially critical in high-regulation sectors handling sensitive data.
Trends such as remote work and the Great Resignation heighten insider risks, necessitating proper offboarding protocols and continuous security training.
Effective risk management requires addressing both malicious and negligent actions.
