User activity monitoring refers to monitoring and tracking end user behaviour on devices, networks, and other IT resources. Various organizations perform user activity monitoring to help spot and stop threats. The choice of monitoring and methods depends on the objectives of the company. By implementing user activity monitoring, enterprises can more readily identify suspicious behaviour and mitigate risks before they result in data breaches, or at least in time to minimize damages. Sometimes called user activity tracking, user activity monitoring is a form of surveillance, but serves as a proactive review of end user activity to determine misuse of access privileges or data protection policies either through ignorance or malicious intent.
There are a variety of tools that can be used to aid in or support user activity monitoring. These tools range from general security software applications to targeted tools designed to track sessions and activity, creating a complete audit trail for every user.
There are also tools known as privileged account security solutions, which aim to monitor and secure privileged account activity and centralize the management of policies. The best user activity monitoring tools include real-time alerting systems. These tools monitor user activity in the background in real-time and notify IT and security teams the moment suspicious activity occurs.
Increasing demand for user activity monitoring owing to rising concerns about data security and data theft is a key factor driving growth of the global user activity monitoring market. More than 50 percent of cyber-attacks are perpetrated by those with insider access. increasing adoption for user activity monitoring solutions across various sectors is the ongoing trend observed, which is expected to support market growth in the near future.
Email fraud is nothing new, but online criminals have become ever more-effective at spoofing their identities to trick employees into sending them money. The Australian Centre for Cyber Security (ACSC) recorded losses of over $20M to business email compromise (BEC) attacks last year alone, up 230 percent over the previous year – and the full amount is certain to be much larger.
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No matter how robust your security, or how diligent your employees, network credentials are a free pass for cybercriminals. This is mostly because employees are relied upon for their own password management. And with more than 4.8 billion sets of stolen credentials said to be available online, odds are that at least a few of your employees’ user IDs and passwords are just waiting to be used by unscrupulous outsiders. Are you ready to stop them?
Cybersecurity Insights - People
Cyber resilience will be particularly important as Australian organisations face increased pressure to quickly detect, respond to, and manage the repercussions of breaches in the wake of 2018’s Notifiable Data Breaches (NDB) scheme.