AUTHOR: Matthew Morel, Chief Marketing Officer, SharkGate

In the realm of cybersecurity, human risk management is an often underappreciated yet critically important facet. While technological defenses such as firewalls and encryption are essential, the human element within an organization can be a significant vulnerability. Monitoring employee behavior to identify and mitigate risky actions is crucial in preventing security breaches. 

This editorial explores the importance of human risk management, supported by real-world examples, and discusses strategies for effectively monitoring and addressing employee-related risks.

The Importance of Human Risk Management

Human risk management involves understanding, monitoring, and mitigating the behaviors and actions of employees that could potentially compromise an organization’s security. This aspect of cybersecurity acknowledges that employees, whether through negligence, error, or malicious intent, can be a significant source of risk.

Several factors underscore the importance of human risk management:

  • Insider Threats: Employees, contractors, or partners with access to critical systems and data can intentionally or unintentionally cause harm.
  • Human Error: Simple mistakes, such as clicking on a phishing email or mishandling sensitive information, can lead to significant security breaches.
  • Social Engineering: Cybercriminals often exploit human psychology to gain access to secure systems, making employees the first line of defense against such tactics.

Real-World Examples

The Edward Snowden Case

One of the most prominent examples of an insider threat is the case of Edward Snowden, a former NSA contractor. In 2013, Snowden leaked classified information regarding global surveillance programs conducted by the NSA. This incident highlighted the potential damage an insider with access to sensitive information can cause. It emphasized the need for robust monitoring and control mechanisms to detect and prevent such actions.

Target Data Breach

In 2013, retail giant Target suffered a massive data breach that compromised the personal and financial information of approximately 40 million customers. The breach was traced back to network credentials stolen from a third-party vendor. This breach underscored the importance of monitoring not just employees but also contractors and partners who have access to sensitive systems.

Strategies for Effective Human Risk Management

To effectively manage human risks, organizations must implement a comprehensive strategy that includes the following components:

1. Behavioural Monitoring

Monitoring employee behavior is essential to identify potential risks. This involves the use of advanced analytics and machine learning algorithms to detect unusual patterns of behavior that could indicate a security threat. For example, if an employee who typically accesses certain files during work hours starts downloading large amounts of data at odd hours, this could be a red flag warranting further investigation.

2. Access Control

Limiting access to sensitive information based on the principle of least privilege can significantly reduce risk. Employees should only have access to the data and systems necessary for their job roles. Regular audits of access controls can help ensure that these permissions are appropriate and up-to-date.

3. Employee Training and Awareness

Regular training sessions and awareness programs can equip employees with the knowledge to recognize and respond to security threats. This includes training on identifying phishing attempts, securing personal devices, and understanding the importance of following security protocols.

4. Incident Response Plans

Having a well-defined incident response plan can help mitigate the impact of security breaches. Employees should be aware of the steps to take in the event of a suspected security incident, and regular drills can help ensure preparedness.

Conclusion

Human risk management is a critical component of a comprehensive cybersecurity strategy. By monitoring employee behavior, implementing stringent access controls, providing ongoing training, and preparing for potential incidents, organizations can significantly reduce the risk posed by human factors.

About SharkGate

SharkGate is an award-winning business – a leading website cybersecurity tech platform. Our innovative proprietary AI and machine learning tech solutions are revolutionising the industry, making the internet safer for everyone. The SharkGate Ecosystem protects websites against current/next-generation cyber threats using three layers of defence; SharkGate Plugin, SharkGate Website Threat Defence Database and SharkGate AI “Deep Sea”.

This approach enables our clients to be better protected, collectively smarter and ultimately stronger together.

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