Many financial institutions say their own IT staffs pose the biggest risk to cloud security
44% of financial institutions say their own IT staffs pose the biggest risk to data security in the cloud. A follow-on to a report released earlier this year, this deep dive into the financial sector also found that 32% of financial organizations experienced accidental data leakage compared to the average of 25% in other verticals. Dirk Schrader, vice president of security research at Netwrix, said organizations need to implement a zero-standing privilege approach in which elevated access rights are granted only when they are needed and only for as long as required. “Cloud misconfigurations are another common reason for accidental data leakage,” said Schrader. “Therefore, security teams must continually monitor […]