Highly publicized insider data thefts and security breaches highlight the increasing need for better security practices and solutions to reduce the risks posed by malicious insiders as well as unintentional insiders.
This report is the result of comprehensive crowd-based research in partnership with the 300,000+ member Information Security Community on LinkedIn and Crowd Research Partners to gain more insight into the state of insider threats and solutions to prevent them.
Key Survey Findings:
- Seventy-four percent of organizations feel vulnerable to insider threats- — a dramatic seven percentage point increase over last year’s survey. However, less than half of all organizations (42 percent) have the appropriate controls in place to prevent an insider attack.
- Inadvertent data breaches (71 percent) top the list of insider threats companies care most about. Negligent data (68 percent) and malicious data (61 percent) breaches come in a close second and third.
- Privileged users, such as managers with access to sensitive information, pose the biggest insider threat to organizations (60 percent). This is followed by contractors and consultants (57 percent), and regular employees (51 percent).
- Fifty-six percent of security professionals say insider threats have become more frequent in the last 12 months. Forty-two percent of organization expect a budget increase over the next year — a strong gain of eight percentage points from the previous year.
- Over 75 percent of organizations estimate insider breach remediation costs could reach $500,000 and can reach in the millions.