"Companies Struggle to Protect against Insider Risks"

Even though over 70 percent of companies claim to have an Insider Risk Management (IRM) program, a new report from Code42 Software found that data loss incidents increased by 32 percent among the same organizations. Based on a survey of 700 cybersecurity leaders, cybersecurity managers, and cybersecurity practitioners in the US, 71 percent expect increased data loss due to insider incidents during the next 12 months. Data loss caused by insiders is not new, but it has become increasingly complicated. Past Data Exposure Report (DER) research from Code42 Software focused on the primary causes of insider risks, such as workforce turnover and cloud adoption. According to Joe Payne, president and CEO of Code42 Software, the company's objective this year was to learn about the specific challenges security teams encounter while developing and managing insider risk programs. The report emphasizes that detection and response to insider incidents have become more difficult. Payne urges companies to reevaluate their approach to insider risks to ensure the effectiveness of technology and programs and foster cultures in which employees make safer data decisions. This article continues to discuss key findings from Code42 Software's DER regarding insider risks.

BetaNews reports "Companies Struggle to Protect against Insider Risks"