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5 Best Practices to Prevent Insider Threats in 2019

George Miller

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5 Best Practices to Prevent Insider Threats in 2019
Image Source: gcc.com.cy
Reading Time: 4 minutes

 

Data breaches caused by insiders cost enterprises millions of dollars. According to the Ponemon Institute, every year, companies lose up to $8.7 million due to insider threats. To ensure an appropriate level of enterprise data protection, security officers continuously look for ways to improve their current insider threat management solution. With the following insider threat management best practices, you’ll be able to protect your sensitive business information and keep malicious insiders at bay.

1. Consider access controls

It’s essential to keep your critical assets inaccessible for malicious insiders. First and foremost, deploy multi-factor authentication (MFA) for the most valuable systems, applications, and services. Your goal is to make sure that any malicious insider won’t be able to borrow a password from their colleagues and get a hold of the data they aren’t supposed to have access to. Therefore, you need to look for an insider threat management solution with a built-in MFA functionality.

By implementing MFA, you can make sure that the person attempting to enter the protected perimeter are who they claim to be. At the same time, the use of MFA makes it way harder for malicious insiders to access your company’s sensitive information.

It’s also important to have a good password management policy in place. The most basic recommendations include forbidding the use of default and simple passwords and changing passwords upon certain events (say, employee resignation) or after some periods of time (say, every month or every quarter).

2. Limit access whenever possible

Once you managed to make sure that only the right people can get access to your network and critical assets within it, it’s time to think about the access permissions each of your company’s employees has. It’s best to take some technical measures to mitigate insider threats and deploy the so-called least privilege principle when employees only have the exact access level they need to do their job.

But today, more and more companies go even further and deploy a zero trust security model. In a zero trust network, there’s no general protected perimeter that distinguishes trusted insiders from untrusted outsiders. Instead, each critical asset or system is fully protected from both insiders and outsiders, thus mitigating internal and external threats to cyber security.

Such an approach works best for the companies that cooperate actively with third-party vendors and subcontractors. It’s also a great solution for the enterprises with a bring your own device (BYOD) policy in place, allowing their employees to use personal devices for work purposes.

3. Monitor employee activity

User activity monitoring is the basis of many insider threat protection techniques. You need to be able to see what’s going on within your network, in real-time at best. When choosing among the solutions to protect against insider threats in cybersecurity, pick the one that allows to see a particular user session and terminate it if necessary.

Many companies also look towards User and entity behavior analytics (UEBA) as the key to effective threat monitoring and protection against insider threats. Advances in machine learning technologies allow building user profiles that include normal baseline behavior patterns for particular users or roles. Registering activities that deviate from these patterns may help detect malicious insiders and mitigate possible threats at an early stage.

4. Analyze logs and respond to security incidents

Continuous user activity monitoring is meant to give you full visibility across the enterprise network and provide you with detailed data for further analysis. Depending on the user monitoring solution, user activity logs may contain different types of information:

Names of files and applications opened by the user:

  • URLs to the visited websites;
  • Logged keystrokes;
  • Recorded sessions, and more.

The proactive incident response also plays a significant part in building an effective insider threat cyber security program. There’s no point in detecting a malicious action if you’re unable to respond to it properly and, therefore, prevent a data breach from happening.

Look for an insider threat prevention solution that allows you both receiving real-time notifications about the detected security incidents and automating responses to the most common types of incidents. For instance, if the system registers, say, three unsuccessful login attempts, the account a user tried to access will be blocked.

Finally, if you want to be able to analyze all of the logged information on a deeper level, make sure that your insider threat prevention solution supports forensic data export.

5. Pay special attention to third-parties

Remote access control and protection is an essential part of the modern insider threat management program. Today, more and more organizations hire remote employees and grant access to critical corporate resources to third-party vendors and contractors. But, as reported in a 2018 study by the Ponemon Institute, third-party vendors were the cause of nearly 60 percent data breaches.

If granting third-party vendors access to business-critical data, systems, and application is a common practice for your organization, make sure you have an appropriate third-party management solution in place. Leverage all of the above-mentioned tools and practices to protect your corporate data from unauthorized access and use.

If your third-party subcontractors are using a shared account for accessing your corporate network or business applications, it’s preferable to add secondary authorization as an additional protection layer. This way, you’ll be able to clearly associate each session initiated under the shared account with a particular user.

And, finally, make sure that your third-parties are well aware of your organization’s cybersecurity policy and know what cybersecurity rules they must follow.

Conclusion

Insider threats have one of the biggest impacts on enterprise cybersecurity. In order to mitigate the risks related to insider threats, organizations should deploy complex solutions that include monitoring and audit of user activity, granular access and privilege management, and effective incident response.

 

This article is a contribution from Marcell Gogan.  Marcell is a specialist within digital security solutions, business design and development, virtualization and cloud computing, R&D projects, establishment and management of software research direction – working with Ekran System. He also loves writing about data management and cybersecurity. 

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

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Industry News

Basics for joining an online casino

George Miller

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Basics for joining an online casino
Image Source: thelondoneconomic.com
Reading Time: 2 minutes

 

When you join an online casino, you will soon discover that there are a great number of betting opportunities available. You will be wondering just which game to start playing first, should it be roulette, blackjack or a game of baccarat? You will want to be playing as much as you can and that means playing at a mobile casino, but what features should you be looking out for?

Do some Research
There are many features that you will want a mobile casino to include. Do a little bit of research before you sign-up with a mobile casino. Find out the reputation of the company concerned, for example My Mobi Casino. Read some customer reviews to confirm that they offer a great service to their members.

Financial Security
Financial security is of key importance when becoming a member of a mobile casino. No one wants to put themselves at risk of having fraud committed against them. It’s important therefore to join a mobile casino that is fully licensed and regulated. They will have had to undergo strict tests to be granted those licenses. It means that if anything does go wrong, then an organisation such as the Malta Gaming Authority or UK Gambling Commission can take action and protect your rights.

Also look to join a mobile casino that offers several different payment methods. It’s also advisable to become a member of a mobile casino that doesn’t take too long to return your withdrawals to your chosen payment method. Swift payments will help prevent any cash flow problems.

Plenty of Games to Play
A vitally important area is of course the number of games that are available to play. It’s no use joining a mobile casino if there is a limited amount of games that you can try your luck on. Playing the same games every day is going to get a bit boring after a while. It’s ideal to join a mobile casino that has a wide selection of games for you to play. Look for some variety, for example different games of roulette or poker. Also sign-up with a mobile casino that keeps up with the times by regularly adding new games.

Welcome Offers and Promotions
When you become a member of an online casino there are often welcome offers available to you. This can see you receiving some free bets or spins on a selected slot game. It’s great if you can get your hands on these, though keep a close eye on the terms and conditions related to the offer. Joining a mobile casino that has a regular stream of promotions is also advisable.

Some sites do have offers that are exclusive to mobile users. This can often be the case when new slot games arrive on the site with special promotions offered. A mobile casino that has plenty of promotions will maintain your desire to play there.

Live Casino Action
Joining a mobile casino that includes a live casino section is also something to aim for. Playing at a live casino on your mobile is an exciting experience. It’s not too far off being in an actual casino with live dealers on each table.

Conclusion
When you are looking to join a mobile casino, there are many factors that need to be considered. Make sure that you join a mobile casino that you can trust and has a good reputation when it comes to customer service. Join one that will offer plenty of help, has lots of games to play and regularly offers promotions and then enjoy your time at your new mobile casino.

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White Paper: Online Gaming – Location, Location, Location

George Miller

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White Paper: Online Gaming - Location, Location, Location
Reading Time: 1 minute

 

Online gambling is quickly becoming one of the fastest growing sectors of the industry.

Pundits, futurists and stakeholders all talk breathlessly about the boundless limits of virtual reality, the possibilities of new hardware, AI, social and multiplayer functionality. There are many good reasons for the optimism and excitement. The opportunities for technology and business to expand online are huge and growing exponentially every day.

This paper is not another swing at the crystal ball of the future of online gaming. The purpose of this paper is to outline some of the challenges facing this new frontier of gambling and to dive deeper into one fascinating facet that most people don’t recognize until they are playing an online casino game while crossing state lines, geolocation.

Click here to download and read this white paper!

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Industry News

The Premier Blockchain Lottery Operator Sets Itself To Be the Leading Game Aggregator for Blockchain Games

George Miller

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The Premier Blockchain Lottery Operator Sets Itself To Be the Leading Game Aggregator for Blockchain Games
Reading Time: 2 minutes

 

Quanta Technology  the world’s first licensed blockchain lottery operator recently laid out the roadmap for its business development and market expansion plans for the coming years. Of special interest are the plans to their Game Aggregator for blockchain games.

Quanta Game Aggregation aims to maximise game offerings for players by combining gaming content of multiple providers from both traditional lottery and blockchain gaming platforms. With the introduction of Quanta Game Aggregator Platform, in addition to the lottery games offered on Quanta’s private blockchain, players’ will have access to games from different blockchain networks.

The first version of the Game Aggregator Platform is scheduled to be published by the end of September, together with a new version of the Quanta Game Wallet for mobiles, that will support gameplay directly from the mobile application. Within this version, at least one game provider with its instant games will be introduced.

“The development of Quanta Game Aggregation is in line with our mission to leverage the gaming industry in the blockchain era,” said Kostas Farris, Acting CEO and Director of Quanta. “As more traditional game providers turn to blockchain for their offerings, Quanta seeks to provide them with an interconnected centralized platform for easy distribution and comes with a large audience. At the same time, new players that do not have access to a local lottery will have the opportunity to choose from a big selection of games on a single trusted and transparent platform as well as dream about what could be.”

Quanta Technology’s vision is to make their in-game token, the Quanta Game Token (“QGT”), the main currency in Quanta’s private blockchain environment and to be the intermediate token that will be used to play hundreds or even thousands of blockchain games. Players may exchange EHT for QGT and vice-versa and Quanta has plans to introduce BTC and FIAT currencies as acceptable payments as well in the near future.

Quanta currently runs a weekly prize draw, the ‘Quanta Prize Draw’, which is regulated by the Isle of Man Gambling Supervision Commission and has a range of prizes and a potential jackpot. In fact one lucky winner in the Isle of Man has very recently scooped the top prize. Look out for news about our latest Jackpot win on Facebook and Telegram.

Quanta is also the major shareholder of Naija Lottery which is currently one of the biggest game operators in Nigeria.

 

About Quanta:

Quanta Plc is an innovative blockchain-oriented company that utilizes smart contracts in order to ensure fully automated and transparent blockchain-powered solutions. Quanta Plc owns Quanta Technology Limited, operator of the world’s first licensed blockchain-based gaming company on the Ethereum platform. Its products, including gaming platform, random number generator, token-centric payment gateway and game wallet are blockchain-powered and certified to ensure utmost trust and transparency in the gaming industry. The company employs Smart Contracts to offer full automation and integrity to lotteries. With the support of QNTU, utility token, Quanta leverages services to strengthen the customer’s engagement. QNTU is currently trading on six renowned cryptocurrency exchanges including LATOKEN, Lykke, HitBTC, Bit-Z, and BitoPro.

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