Risk Management, Insider Threats and Security Leaders in the Age of COVID-19
An insider threat is a security risk that originates from within an organization. According to the Department of Homeland Security, insider threats often results in theft or destruction of data or the compromise of networks, communications or other information technology resource.
Insider threats are on the rise, according to a study from The Ponemon Institute, sponsored by ObserveIT and IBM. The number of insider-caused cybersecurity incidents increased by 47 percent since 2018. The average annual cost of Insider Threats has also skyrocketed in only two years, rising 31 percent to $11.45 million.