01/15/2025 | News release | Distributed by Public on 01/15/2025 09:51
Insider threats are among the most elusive and damaging forms of cybersecurity risk. According to the Ponemon Institute, 71% of organizations experienced between 21 and 41 insider incidents in 2023, up 67% over the previous year. The average annual cost of insider threats also climbed to $16.2 million per organization, the report found.
Insider threats begin with individuals inside an organization who use their legitimate access to harm the business, whether it's through intentional harm or accidental data exposure. The consequences - including data theft, regulatory penalties and reputational damage - can be severe. Insider threats are especially tough to detect because they start with people whose authorized access and behavior may not register as malicious to security teams and the tools they use.
Recognizing the urgency of this challenge, CrowdStrike has introduced Insider Risk Services, a comprehensive set of services designed to improve an organization's ability to anticipate, detect and respond to insider threats. Built on CrowdStrike's renowned threat intelligence and expert-led incident response, Insider Risk Services equip organizations with the tools needed to mitigate insider risks.
Understanding Insider Risks: A Sophisticated Threat Landscape
Insider threats come in many forms, ranging from negligent employees who inadvertently expose sensitive information to malicious insiders seeking personal gain or organizational harm. They also include third-party contractors with access to internal systems who could intentionally or accidentally do damage.
The complexity of these threats is exemplified by nation-state actors like FAMOUS CHOLLIMA, a group linked to the Democratic People's Republic of Korea (DPRK) that primarily targeted American tech companies in an insider threat operation. FAMOUS CHOLLIMA uses sophisticated tactics to infiltrate organizations under the guise of legitimate employees. By falsifying identities and resumes, the adversary was able to secure employment under false pretenses.
Once inside, the adversary deploys advanced techniques to understand privileges and access, remain stealthy, and in some cases, exfiltrate sensitive information. Their methods highlight the need for organizations to adopt multi-layered defenses capable of addressing both technical and behavioral vulnerabilities.
Insider risks aren't limited to large enterprises or high-profile targets - they can impact organizations of all sizes across industries. Small and midsize businesses may face unique vulnerabilities due to limited resources, while larger enterprises contend with the complexity of managing vast networks and employee bases.
CrowdStrike Insider Risk Services: A Multi-Layered Defense
CrowdStrike Insider Risk Services provide a robust framework to combat all types of insider threats. Here's how the services help customers stay ahead:
Insider Risk Incident Response: Expert-led services to investigate, validate and contain insider threats, minimizing damage and helping meet regulatory requirements
Insider Risk Technical Assessment: Compromise assessments to detect historical or active indicators of insider risk, leveraging threat hunting expertise from CrowdStrike's Counter Adversary Operations team
Insider Risk Program Review: Comprehensive reviews of existing security programs to identify gaps and strengthen capabilities for preventing, detecting and responding to insider threats
Tabletop Exercises and Red Team Simulations: Real-world simulations to test organizational readiness, and refine detection and response strategies - ensuring teams are prepared for both intentional and unintentional insider activities
Mitigating insider threats isn't just about identifying insiders but preventing them from exploiting their access. Available as a bundle or ad hoc, Insider Risk Services cover multiple angles - detection, prevention, response and continuous monitoring - to help organizations defend against insider risks while minimizing operational impact.
Why Choose CrowdStrike?
Insider threats demand a trusted partner with a proven track record in cybersecurity. CrowdStrike's expertise is backed by accolades such as being named a Leader in the 2024 Forrester Wave™ for Cybersecurity Incident Response Services. With over a decade of experience responding to nation-state-level threats, CrowdStrike delivers unparalleled intelligence, cutting-edge technology and a relentless focus on stopping breaches.
As insider threats evolve, organizations must adopt a comprehensive approach to protect their critical assets. With CrowdStrike Insider Risk Services, businesses can anticipate and mitigate these risks, safeguarding their future in an increasingly complex threat landscape.
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