Seventy percent of financial institutions in the past 12 months have had cases of insider fraud, new survey says

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A case for internal Network Segmentation and role-based access-control?

Seventy percent of financial institutions in the past 12 months have had cases of insider fraud, new survey says: “‘A former Wachovia Bank executive who had handled insider fraud incidents says banks are in denial about just how massive the insider threat problem is within their institutions. Meanwhile, the economic crisis appears to be exacerbating the risk, with 70 percent of financial institutions saying they have experienced a case of data theft by one of their employees in the past 12 months, according to new survey data.’

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(Via .:[ Layered Security ]:..)

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