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ARTICLE · 06 FEBRUARY 2023

Insider Threats: Practical Steps To Prevent A Costly Breach

The term "insider threat" is commonly used within the cyber security and information security industries, referring to a risk posed by individuals within an organization...

United KingdomTechnology

The term “insider threat” is commonly used within the cyber security and information security industries, referring to a risk posed by individuals within an organization who have access to sensitive information and who may intentionally or unintentionally compromise that information. These individuals can be direct employees or contractors, staff from service providers or business partners, or even customers. This type of threat can be particularly difficult to detect and prevent, as the individuals involved may have legitimate access to the information and may not be acting overtly maliciously.

Insider threats can be costly

The Ponemon Institute's "Global Report on Insider Threats" found that the cost of an insider threat to an organization can be significant. According to the report, the average cost of an insider threat incident for an organization is $8.76 million, with the cost of more severe incidents averaging $11.45 million. Additionally, it can take up to

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