What is the story about?
What's Happening?
Insider data breaches have affected 61% of US organizations over the past two years, with businesses experiencing an average of eight incidents leading to compromised information. The breaches have resulted in reduced employee productivity, customer data loss, and lower workplace productivity, costing $2.7 million on average. File storage systems and SaaS apps are most susceptible to insider attacks.
Why It's Important?
The prevalence of insider breaches highlights the need for robust security measures and policies to protect sensitive data. Organizations must address vulnerabilities in file storage systems and SaaS apps to prevent unauthorized access and data loss. The financial and reputational impacts of insider breaches underscore the importance of proactive threat detection and response.
What's Next?
Organizations may implement stricter security policies and controls to prevent insider breaches. Enhanced monitoring and detection capabilities could help identify and mitigate potential threats. Collaboration with cybersecurity firms may lead to improved threat intelligence and security practices.
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