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Business security : review business insurance policies

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Companies may wish to thoroughly review their existing business insurance policies in the wake of the recent large-scale warning, which was issued concerning threats to internet security and fraud involving employees.

The warning was issued by Amichai Shulman, chief technology officer at Imperva, a data security specialist, who commented that the latest Wikileaks scandal had highlighted the extreme problems that can result from rogue workers who get hold of very sensitive personal data.  The Wikileaks case is set to have a global impact.

Mr Shulman’s remarks follow hot on the heels of the release of 250,000 secret messages by Wikileaks, the whistle-blowing website, which were originally sent by US diplomats.  The secret messages reveal sensitive information, including what the US government thinks of a number of world leaders.  Needless to say, widespread embarrassment is expected.

The Guardian newspaper, which will be publishing some of the information, said a young intelligence analyst had come forward and admitted to the data theft, adding that he found it incredibly easy to access the secret files.

Mr Schulman added that the Wikileaks case underlined the potential harm that can result from ignoring internal data security loopholes and being too focussed on threats from outside companies and organisations.  He remarked, “Organisations need to wake up to the complexities of internal threats, rather than simply relying on conventional IT security systems.”  He added, “Yes, there are hackers out there, but IT history has shown that the rogue employee is also a threat.”

Companies must ensure they have business insurance policies in place, which are an integral part of their security strategy.

Source : Policy Experts

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