It’s often said that employees can be the weakest link in the corporate cybersecurity chain. What’s less frequently discussed is whether specific employee types represent a bigger insider threat than others. This could have a major impact on the bottom line. Insider threats cost global organizations an average of over $15 million to remediate last year, according to one estimate.
According to a new EY study, it is the younger generation of workers that takes cybersecurity less seriously. Finding a way to change behavior and encourage a more informed, responsible approach among digital natives will be tough for IT leaders. But it can be done.
What EY found
The study is based on a survey of 1,000 U.S. employees about their security awareness and practices. Those described as “Gen Z” or “millennials” (Gen Y) do not come across in a good light. Specifically, it reveals that:
At first glance, the findings would appear to be counter intuitive. After all, if digital natives are more tech savvy, surely they better understand cyber risk and are motivated to follow security best practices? The study does not attempt to answer why this is not the case. It reveals that the vast majority (83%) of surveyed employees understand their employer's cybersecurity protocols. So it appears that younger workers are deliberately choosing not to follow them.
A new era of hybrid working risk
This will be an increasing challenge for IT and security leaders as more Gen Z-ers make their way into the workforce. They’re predicted to account for over a quarter (27%) of workers by 2025. Could it be that, as the first generation to grow up with no knowledge of a world without the internet, they’re more nonchalant about the potential impact of risky behavior?
This increasingly matters in a hybrid working environment, where:
Start with training
In this context, corporate cybersecurity must be designed around people. That means controls to protect critical data and systems in case users make mistakes — such as encryption, multifactor authentication, and data loss prevention. And more assertively enforced policies around patching and remote device management, to reduce the attack surface across what is now a far more distributed IT environment. But it also means revisiting and updating user awareness training programs.
Consider the following when evaluating this crucial part of any corporate cybersecurity strategy:
Despite the eye-catching headlines, user security awareness is not just a challenge for Gen Z/Y-ers. Across the board, EY found half or fewer respondents are “very confident” about using strong passwords, keeping work devices up to date, identifying phishing attempts, and other best practices. Only by focusing on people, process and technology can IT and security leaders better manage insider risk.
By Phil Muncaster
This article originally appeared on Journey Notes, the Barracuda blog.
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