Threatened by the enemy within

Recent figures revealing the extent of employee fraud will create a big cultural upheaval in businesses, says Emma Nash

Written by Emma Nash

The message has largely sunk in: IT security is a massive problem and ignoring it does not make an organisation immune to attack. For years we have been told to batten down the hatches, to put up defences to keep the baddies out and at all costs to avoid the time, money and inconvenience associated with a virus attack.

Protecting reputation and brand is imperative. As the web became more prominent as a way of doing business, organisations rushed to prevent their sites from falling over and losing business.

And then things grew nastier. The hassle attack started to disappear and organised crime arrived online. Phishing claimed its position as a security threat, and gangs of criminals bent on stealing information to defraud us became the new face of security.

But that does not matter, because we can deal with baddies. We are the goodies, after all. We do not mind sitting in our modern offices fretting about those Eastern European crime gangs that are plotting to steal our wares, because it is still them against us. But not for much longer.

It is wake-up time for businesses. Those baddies are not holed up in a basement in Latvia. They are in your office.

Businesses are facing a huge cultural upheaval because the biggest threat is the threat from within. Research published in March by BDO Stoy Hayward says employee fraud rose by 80 per cent last year, costing businesses £67m.

Security companies are positioning themselves accordingly. Jeremy Burton, a senior vice president at Symantec, says the software firm’s recent acquisition of Veritas has provided an opportunity to look into its crystal ball.

‘We have set the business up for what the world will look like and not what it looks like now,’ he said.

Treating this new threat like any other will not work. While more software and services can alleviate some of the problems, businesses will have to change their cultures.

Instead of uniting and keeping the baddies out, organisations will have to adopt an air of suspicion: a guilty until proved innocent attitude.

Creating an atmosphere of mistrust will be difficult for many organisations that like to think they have loyal staff with the company’s best interests at heart.

But if predictions about internal fraud prove accurate, mistrust will have to become ingrained in business.

Tags:

Further reading

Increasing fraud costs companies close to £1bn

Internal fraud increases by 80 per cent   More...

Related articles

Do you agree?

Advertisement

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Watch

23 Jul 2008

2.99 MBSmall time security, official 'spying' requests and a spammer jail break More...

22 Jul 2008

3.22 MBSat-nav crashes, open source security and female gamers More...

21 Jul 2008

3.12 MBGlobal internet reach, online spending and the space race More...

Poll

EUROPEAN E-COMMERCE

EUROPEAN E-COMMERCE

Are you happy making an online purchase from another European country?

Previous poll results

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Spotlight

Security

Major DNS flaw revealed

Experts sound alarms over early disclosure   More...

Nintendo DS

Dodgy Chinese Nintendo chargers recalled

Experience could shock some users   More...

Advertisement

Houses of Parliament

Official 'spying' requests top 500,000

Information includes web records and itemised phone bills   More...

Hacking

Small firms naïve about security

SMBs remain prone to attack, says study   More...

Advertisement