Showing posts with label insider threats by authorized network users. Show all posts
Showing posts with label insider threats by authorized network users. Show all posts

Wednesday, August 15, 2018

Raytheon CEO: Why Your Own Employees Could Be Your Greatest Threat; Fortune, August 14, 2018

Thomas A. Kennedy, Fortune;

Raytheon CEO: Why Your Own Employees Could Be Your Greatest Threat


"Is there a bounty on your intellectual property?

It’s more likely than you think. Earlier this month, news broke that FBI agents investigating a case of corporate cyber theft seized a handbook revealing what China was willing to pay to “individuals or entities who can provide certain technologies.”

Nation-states have been using cyber hacking to actively target valuable intellectual property, or IP, for years. However, what may be startling to the public is that state-sponsored IP theft is so organized and methodical; criminal hackers receive catalogs of the most-wanted technologies, referred to as “collection requirements,” each with associated bounties.

For business, university, and research lab leaders, it begs a couple of questions: Do any of your employees have such handbooks? And if they were stockpiling and exporting sensitive data, would you know before it was too late?"