Data theft

Insider Risk Caused By Data Exposure and Leaks Siphons Vast Revenue from Organizations

Retrieved on: 
Wednesday, July 7, 2021
Legal, Technology, Human resources, Entertainment, Security, Public policy, Government, Professional services, General Entertainment, White House, Federal Government, Computing, Data security, Articles, Security, Security breaches, Computer security, Computer network security, Secure communication, Data breach, Data loss, Data theft, Insider

According to a recent study conducted by Aberdeen and commissioned by Insider Risk Management leader Code42 , data breaches from insiders can cost as much as 20% of annual revenue.

Key Points: 
  • According to a recent study conducted by Aberdeen and commissioned by Insider Risk Management leader Code42 , data breaches from insiders can cost as much as 20% of annual revenue.
  • Both accidental and malicious Insider Risk can cost businesses material portions of revenue on an ongoing annual basis.
  • Over three-quarters (78%) of those insider data breaches involve unintentional data loss or exposure, demonstrating that malicious data theft and exposure is not the most significant Insider Risk facing security teams.
  • As companies continue to adapt their security postures for modern working environments, managing Insider Risk and unintentional data exposure and leaks will increasingly become a focal point of successful data security strategies.

4 of the Top 6 Types of Cybersecurity Incidents Are Now Related to Insider Actions, Netwrix Research Finds

Retrieved on: 
Tuesday, December 8, 2020
Data security, Computer security, Cryptography, Information governance, Computer network security, Computing, Malware, Data theft

Moreover, incidents related to inside actors were among the hardest for organizations to detect.

Key Points: 
  • Moreover, incidents related to inside actors were among the hardest for organizations to detect.
  • Incidents caused by admin mistakes were more common for large enterprises (1,001+ employees) than for mid-sized and small organizations.
  • 70% of financial organizations are concerned about insider data theft during the current remote work phase.
  • Netwrix makes data security easy, thereby simplifying how professionals can control sensitive, regulated and business-critical data, regardless of where it resides.