Insider threats are a serious and growing risk
| January 26, 2022 |
According to Proofpoint’s latest report, negligence and malicious insider activities are common security challenges in the enterprise today.
External attackers aren’t the only threats modern organizations need to consider in their cybersecurity planning. Malicious, negligent and compromised users are a serious and growing risk. As the 2022 Cost of Insider Threats: Global Report reveals, insider threat incidents have risen 44% over the past two years, with costs per incident up more than a third to $15.38 million.
Here are just a few highlights from this year’s report:
- The cost of credential theft to organizations increased 65% from $2.79 million in 2020 to $4.6 million at present.
- The time to contain an insider threat incident increased from 77 days to 85 days, leading organizations to spend the most on containment.
- Incidents that took more than 90 days to contain cost organizations an average of $17.19 million on an annualized basis.
Proofpoint’s 2022 Cost of Insider Threats : Global Report independently conducted by the Ponemon Institute
