Report Says Insider Threats Surge by 47% in Two Years

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Insider threat, report, Ponemon Institute, malicious insiders, threat
Report Says Insider Threats Surge by 47% in Two Years

A recent report from Ponemon Institute says insider threats have increased by 47% from 3,200 in 2018 to 4,716 in 2020. The report“2020 Cost of Insider Threats: Global Report” reveals the cost of insider threat incidents also spiked by 31% from $8.76 million in 2018 to $11.45 million in 2020.

Negligent employees create around 62% of security incidents that cost companies an average of $307,111 per incident, the report found. Reduced vigilance of enterprises coupled with irresponsible employee behavior, can allow any malicious insiders to disrupt an organization’s operations.

Source: https://www.cisomag.com/insider-threats-rise-by-47-in-two-years-report/