Behavioral analytics vs. the rogue insider
The recent arrest by the FBI of a former employee of JP Morgan Chase for allegedly trying to sell bank account data, including PINs, ended well for the bank.
According to the FBI, the former employee, Peter Persaud, was caught in a sting operation when he attempted to sell the data to informants and federal agents.
But such things don’t always end so well for the intended victims. The arrest was yet another example of the so-called “rogue insider” threat to organizations.
And such incidents are providing increasing incentives to use technology to counter it.