What Insider Risk Management does
Microsoft Purview Insider Risk Management uses risk indicators, such as unusual data access patterns, large file downloads, and communications with external parties, to identify potential insider risks. Pre-built policy templates and the ability to create custom policies streamline risk assessment. The reviewer workflow facilitates investigation and remediation, allowing designated personnel to evaluate alerts and take appropriate action. Integration with HR systems provides valuable context around employee status and role changes, enhancing risk detection capabilities.
Insider Risk Management in Australian tenants today
Recent reforms to the Privacy Act 2024 have heightened the focus on data misuse by employees, making robust insider risk management crucial for AU organisations. The OAIC’s Notifiable Data Breach scheme mandates reporting of eligible data breaches, including those resulting from insider actions. Furthermore, Fair Work investigations can scrutinise employee data handling practices. IRM’s integration with Microsoft Communication Compliance provides a holistic view of user activity, allowing organisations to correlate risky behaviours across multiple channels and meet obligations under APRA CPS 234 regarding operational resilience.