Security News > 2021 > February > The time for Insider Risk Management is now: Code42 2021 Data Exposure Report Reveals a Perfect Storm
Despite all of this, less than 20% of 2020 security budgets were spent on Insider Risk - and more than half of organizations don't have a formal Insider Risk response plan in place.
Forrester predicts that 1 in 3 data breaches in 2021 will stem from insiders, and the Code42 2021 DER found that 6 out of 10 IT security leaders believe insider threats will increase, or increase significantly, over the next two years.
Here's a great anecdote that shows how the approach to enterprise data risk has profoundly changed in the past year: The U.S. State Department - one of the most high-security organizations in the world - is embracing the concept of risk tolerance.
This even led Gartner to create an entirely new category of data security solution: Insider Risk Management*.
The reality is that Insider Risk management is much more nuanced than the traditional notion of insider threat prevention.
Now's the time to start building an Insider Risk Management program.