RE-RELEASE Employee Snooping & Insider Threats

1st Talk Compliance features guest Raymond Ribble, CEO and Founder at SPHER, Inc., on the topic of “Employee Snooping & Insider Threats.” Ray joins our host Catherine Short to discuss snooping and insider threats and why user monitoring and ePHI access strategies are vital to the security of sensitive patient information and data protection. With so much attention and money surrounding cybersecurity in the healthcare industry, malicious employees may decide to purposefully disclose patient information. Since employees and contractors may have knowledge of your network setup, vulnerabilities, and access codes, snooping employees with malicious intent hold the key to exposing your organization to a series of unwanted risks and threats. Listen as we identify signs of unauthorized access, provide guidelines to prevent snooping, and offer procedures to detect insider threats. Catherine Short: Welcome, and let’s 1st Talk Compliance. I’m Catherine Short, Manager of Virtual Education at First Healthcare Compliance. Thanks for tuning in. This show is brought to you by First Healthcare Compliance as part of our commitment to provide high quality complementary educational resources. We help create confidence among compliance professionals throughout the United States. Please show your support by taking a moment to provide a review on Google, Facebook or iTunes. You can also follow us on Instagram, Twitter, and subscribe to our YouTube channel. On today’s episode, we are speaking with Raymond Ribble, CEO and founder at SPHER Inc, a market leading compliance analytics cybersecurity solution addressing HIPAA compliance, state privacy laws and ePHI security threats on the topic of “Employee Snooping and Insider Threats.” Snooping and insider threats are exactly why user monitoring and ePHI access strategies are vital to the security of sensitive patient information and data protection. With so much attention and money surrounding cybersecurity in the healthcare industry, malicious employees may decide to purposefully disclose patient information. Since employees and contractors may have knowledge of your network setup vulnerabilities and access codes, snooping employees with malicious intent hold the key to exposing your organization to a series of unwanted risks and threats. Listen, as we identify the signs of employee and contractor unauthorized access, provide guidelines to prevent employee snooping, and offer procedures to detect insider threats. So thank you, Ray, for joining me on First Talk Compliance. It’s a pleasure to have you on. Raymond Ribble Thank you for having me today. It’s great. Catherine Short Yes, always wonderful to talk to you. So Ray, I have a question for you to start off. I know when people think about threats to their organization, they worry often about external risks such as hackers. Would you say that this is the right focus? Raymond Ribble 2:15 For an organization, it’s not the wrong focus. It’s what we read about in the press the most. We’re online looking at some healthcare rag, what they’re talking about is some type of external threat that impacts the organizations. And I think from a cost perspective, it is the most impactful. Somebody coming in from the outside, a hacker to use the term, can cause hundreds of thousands if not millions of dollars in damage to an organization. Ransomware would be a perfect example of that. You or I don’t want to have to pay some X number of bitcoins in order to get access back to our data knowing that now that they’ve done that, that they’re probably going to come back and do it again. Having said that, I think the equal component of that is what we talked about in terms of snooping and the insider threat, because an individual snooping and then taking that information that they get through snooping and sharing it through social media, or in gossip to somebody on the outside, potentially could have a financial impact to an organization more so today in 2022, than say 20 years ago, or 30 years ago. So are hackers real? Yes, they are. Is the hacker the thing that you should stay awake at night worrying about? Not as much as you think. 26% of the breach events that are captured by most organizations that are responding to our surveys out there, IBM Parliament being the best, indicate that snooping and insider threats are much more detrimental to the business than the hackers on the outside. I think they’re more prevalent. I think that 67%, if I remember the number correctly, is what we have in terms of the percentage of healthcare breach types come from inside the organization, not outside. I think we tend to focus on what that cost is to the organization if we get caught, when we get caught and so therefore, hackers are more prominent because we use that word as a catch all for everything from phishing, to ransomware to XYZ. Does that make sense? Catherine Short It does. So all the time in the news and ...