In the context of this research, insider threats are defined as: a careless or negligent employee, a malicious insider, or a credential thief.
The Ponemon Institute is pleased to present the findings of the 2020 Cost of Insider Threats Global Report study. The key takeaway from the report is that across all three insider threat types outlined, both the frequency and cost of insider threats have increased dramatically over the course of two years.
The following are some of the key statistics on the cost of insider-related incidents over a 12-month period:
1. The total number of benchmarked organisations - 204
2. Total number of insider incidents - 4,716
3. Total average cost - $11.45M
If you wanted to conduct an Insider Threat Assessment, implement essential security controls or guidance to improve your overall security posture chat to one of our cyber security specialists today.