News & Events

News & Events

5.5.2015

Tinker, Tailor, Who’s the Spy? How to Safeguard Your Company From the Insider Hack

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Lane Powell Shareholder Julie Engbloom authored an article in the May 2015 issue of Oregon Business magazine titled “Tinker, Tailor, Who’s the Spy? How to Safeguard Your Company From the Insider Hack.” In the article, Engbloom discussed data breach attacks and the differences between external and internal threats to company information as well as steps to help ensure information safety.

A company’s intellectual and proprietary information is often its most valuable asset. While insider threats are not as common as external breaches, they often are more expensive to the company. External attacks typically, though not always, target customer information, while insider threats target a company’s intellectual property. …

… Companies must establish confidentiality policies and engage in frequent communication regarding those policies to increase awareness around safeguarding confidential information. Doing so demonstrates the importance the company places on its proprietary assets and also demonstrates its seriousness with respect to addressing a breach, should it occur.