NISOS's blog post highlights the alarming trend of rising insider threats, with the 2024 Verizon Data Breach Investigations Report indicating that insiders are responsible for nearly 60% of data breaches. The cost and time to manage these threats have escalated significantly—95% increase in incidents costs since 2018 and an average containment time exceeding two months. Organizations suffer not only financial losses but also reputational damage and regulatory penalties. The article emphasizes the importance of recognizing behavioral signs of insider threats to mitigate risks effectively.
The 2024 Verizon Data Breach Investigations Report reveals that insider-related incidents constitute nearly 60% of all data breaches, underscoring the need for robust internal security measures.
The 2023 Cost of Insider Risks Global Report by Ponemon Institute notes the price of insider threat incidents has increased by nearly 95% between 2018 and 2023.
Insider threats manifest in various ways, from deliberate data theft to inadvertent security oversights, highlighting the complexity of identifying and managing these risks.
It takes an average of over 2 months for an organization to contain an insider incident, illustrating the substantial time and resource investments required.
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