A new report by RSA ANZ has found that over 50 percent of IT executives surveyed are concerned about potential security violations by staff.
The report, entitled Insider Risk Management, surveyed companies in New Zealand and Australia. 81 percent of respondents were from Australia and the other 19 percent local.
Eighty percent of those surveyed were concerned about the theft or loss of confidential information while 71 percent believed errors such as out of date access rights were causing security problems for their companies.
Respondents were asked which type of staff posed the greatest insider threats. Seventy six percent believed contractors and temporary employees while sixty three percent cited permanent staff as a danger.
Half of the respondents said they are spending between 10 and 49 percent of their IT budget to combat the problem.
RSA states in the report that executives are addressing the insider threat with spending intentions, resource allocations and management disciplines.
“It is recognised that inadequate policy establishment and enforcement, together with carelessness, are more of a risk than malicious behaviour. The overreaching concern is that poor or inadequate detection and prevention pose serious risks to enterprise reputations through exposure or loss of sensitive information.”