Insider threats cost companies millions. According to the Ponemon Institute’s recently released study ”2020 Cost of Internal Threats.” In the last two years we have seen a 31% increase in threats emerging from inside an organization. Costs range from $756K to $871K per incident, depending on the type of breach.
There are three types of Insider Threats:
- Careless, Negligent Employee or Contractor– These are well-intentioned employees or other users who accidentally harm the enterprise. These incidents happen all the time, but a lot of people don’t think about this threat. Employees constantly make mistakes that put company data at risk — whether that’s because they’re careless, taking shortcuts, or simply uneducated in security. These mistakes add to the challenges faced by IT Teams daily. Ransomware, for example, is often put on a computer because of an employee’s careless browsing or download habits. Phishing attacks are another great example.