Cybercrime today has made its way into the one place you would think is safe: inside the network.
AT&T is one of the latest companies to make news this past week after Muhammad Fahd of Pakistan was indicted on charges of fraud for bribing employees with over $1 million to unlock two million phones. According to Forbes, Fahd faces up to 20 years of jail for crimes that occurred over several years.
While this is an extreme case of an insider threat to a multinational company, cyberattacks today are only on the rise and causing more havoc in every industry imaginable. The increase in cybercrime has sparked companies like FireEye to make resources available for those who want to know more about trends in cyberattacks and how they affect various sectors of the economy, including the public sector.
IT management software provider Solarwinds also recently released data from their fifth annual
Federal Cybersecurity Survey showing that the number one source of security threats comes from inside the network. Continue reading our latest roundup to find out more about these insider threats and what you can do to protect your organization.
AT&T Insiders Bribed With Over $1 Million To Unlock 2 Million Phones And Hack Their Employer, DOJ Claims
Muhammad Fahd of Pakistan is the latest suspect indicted on charges of fraud in a string of insider threats that occurred over the course of several years at AT&T. Fahd reportedly paid employees over $1 million to unlock two million phones and took things further by paying employees to install snooping software on the phones. Read the full story here.
Dwell Time is Down, APTs are on the rise, and other Cyberattack Trends You Need to Know
While the threat of a major cyberattack is very real today, there is some good news on the horizon. IT companies like FireEye have resources available to victims and constituents that show trends in cyberattacks and how they affect various sectors of the economy, including the public sector. The report also outlines some steps agencies can follow to improve security within the organization. Read the full story here.
Insider Threats and Foreign Governments Named Top Risks to Federal IT Systems
Many believe that the biggest threats to federal IT systems are rogue criminals looking for a huge payout, but a recent report has shown that isn’t the case. According to the fifth annual Federal Cybersecurity Survey from IT management software provider, SolarWinds, the number one source of security threats comes from inside the network. Read the full story here.