insider threat

$8.76 million: The average yearly cost of insider threats
According to The Ponemon Institute’s report, “2018 Cost of Insider Threats: Global Organizations,” the average cost of an insider threat annually is $8.76 million. It’s …

Former SunTrust employee stole data on 1.5 million clients
US commercial bank SunTrust has announced on Friday that they’ve fallen victim to insider threat, and that customer records of some 1.5 million of its customers had been …

How companies continue to expose sensitive data to threats
A new study from the Varonis Data Lab found that on average, 21% of a company’s folders were accessible to every employee, and 41% of companies had at least 1,000 sensitive …

Middle East oil and gas companies are unprepared to address OT cyber risk
Cyber security breaches in the Middle East are widespread and frequently undetected, with 30 percent of the region’s attacks targeting operational technology (OT), finds a new …

Cybersecurity pros don’t feel equipped to stop insider attacks
Based on interviews with nearly 1,500 cybersecurity professionals over three years, Haystax Technology released a study that makes it clear that organizations are feeling the …

Tackling the insider threat: Where to start?
Many organizations still believe the definition of an insider threat is limited to a rogue employee purposefully leaking embarrassing information, or nuking a couple of …

DHS insider breach resulted in theft of personal info of staff and people involved in investigations
The US DHS Office of Inspector General (OIG) has confirmed that the “privacy incident” discovered in May 2017 resulted in the theft of personally identifiable …

Security pros waste 10 hours a week due to inefficient systems
Process and software inefficiencies play a major role in slowing down an organization’s ability to detect and respond to cyber threats, according to LogRhythm. Over one-third …

Insider threats and the misuse of privileged credentials
35% of IT professionals see themselves as the biggest internal security risk to networks within their organisation, according to new research from Balabit. Biggest insider …

75% of insider breaches are accidental
Approximately 25% of insider threats are hostile with the remaining 75% due to accidental or negligent activity, according to NTT Security. This graph represents the top …

Only 12% or organizations are likely to detect a sophisticated cyber attack
Organizations believe that today’s cyber threat landscape places them at high risk of cyber attacks. The EY survey of nearly 1,200 C-level leaders of the world’s …

Are you employees snooping on the corporate network?
The overwhelming majority of employees are deliberately seeking out information they are not permitted to access, exposing a major snooping problem among today’s workforce. …
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