Expert On Trend Micro Insider Threat

This morning, Trend Micro confirmed that a rogue employee stole data belonging to 120K customers and sold it to cyber fraudsters. Trend Micro only became aware of the insider threat after customers complained about fraudulent calls claiming to be Trend Micro employees.

 


EXPERTS COMMENTS
Peter Draper, Technical Director, EMEA,  Gurucul
November 07, 2019
The report states that the user in question "improperly accessed the data".
Graham Cluley is right when he says this is every security firms nightmare. Security firms are reliant on their reputation for customers to retain their trust in the organisation and any product or service is sells. For a breach to impact their users is huge. However, this is an area of risk that is becoming high on any organisations priority list, "Insider Threat", or at least it should be high ....
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Paul Bischoff, Privacy Advocate,  Comparitech
November 07, 2019
Trend Micro does not make unannounced calls to its customers.
Trend Micro customers whose information was leaked in this breach are at risk of phishing and scams from criminals posing as Trend Micro staff. Customers might receive fake tech support or billing calls intended to trick them into giving up sensitive information such as passwords and credit card numbers, or even remote access to their devices. They could also receive texts from Trend Micro imposte ....
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Warren Poschman, Senior Solutions Architect,  comforte AG
November 07, 2019
Data-centric security technologies such as Tokenization protect data at rest, in motion, and in use and protect enterprise-wide.
The breach at Trend Micro underscores a major, yet unfortunate, disconnect in IT security today where perimeter security, UBA, database encryption, DLP, and fraud/threat detection are deployed without a complementary deployment of security that ensures the data inside is protected. The belief that “if I build a high enough wall they can’t get in and my data is safe inside” is a fallacy that ....
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Terry Ray, Senior Vice President and Fellow ,  Imperva
November 07, 2019
Anomalous activity at the network level could indicate a compromised insider threat.
Taking a Zero Trust approach is a must today, and the insider threat incident at Trend Micro is proof that we cannot trust employees to have the organization and its customers' best interests in mind. Today, we have more users and more data than ever, spanning across different geographies, business units, and the environment- cloud and on-prem. It’s naïve and dangerous to assume that there’s ....
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