Insiders Pose Largest Threat to Financial Services

The realities are increasingly daunting. The genesis of many of the breaches is the result of malicious activity. In effect, Data from the IBM X-Force Threat Intelligence Index revealed that Financial Services was more affected by insider attacks (58 percent) than outsider attacks (42 percent).

This shows Malicious activity inside an organization can be a result of an inadvertent act (53 percent) such as an employee accidentally being tricked to download a malware-laden document through a phishing email which then gives attackers access to information. Many of these attacks occur without the user being aware of it.