"Insider Hacks Exfiltrate Five Times As Many Records"

The Ponemon Institute surveyed organizations in North America, Europe, the Middle East, Africa, and Asia-Pacific for its new report on insider threats. Researchers interviewed 1,004 Information Technology (IT) and IT security professionals from 278 organizations that experienced at least one insider-caused incident. In 2022, the total number of insider-led cyber incidents was 6,803, with an average annual cost of $15.4 million. The company with the greatest number of reported insider incidents was 46. In addition, 67 percent of businesses experienced 21 to over 40 incidents annually. According to a report by Verizon, about 200 million records have been compromised by external threats. In cases involving an insider actor, the number of exposed records exceeds one billion. The Ponemon report categorizes insider threats as negligent, malicious, and credential. Insider threats have increased in all three threat categories, but those resulting from employee negligence are the most prevalent. According to the study, more than half of the incidents reported in the survey were due to negligence. The average annual cost of negligent breaches was $6.6 million. This article continues to discuss new findings and observations regarding insider threats. 

Security Intelligence reports "Insider Hacks Exfiltrate Five Times As Many Records"