Oxford Study Warns Against Internal Cyber-Attacks
In a new Harvard Business Review article, Professor David Upton of Saïd Business School and Professor Sadie Creese of Oxford’s Global Cyber Security Capacity Centre warn that internal cyber attacks against companies are an increasing threat that costs tens of billions of dollars a year worldwide and ruin companies. Their study found that while many organisations are intensifying their defences against external attack, these widely used safeguards are often ineffective against attacks involving insiders. Such attacks from insiders, be they from employees, suppliers, or other companies legitimately connected to a company’s computer system, pose a more pernicious threat than external attacks.
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