The costly threat that many businesses fail to address

2023-05-02 03:30

Insider attacks such as fraud, sabotage, and data theft plague 71% of U.S. businesses, according to Capterra.

According to Capterra's research, companies that allow excessive data access are much more likely to report insider attacks.

Of the companies that have experienced insider attacks, one in three report that the scheme involved an employee with privileged access.

Data theft is the most common type of insider attack, reported by 38% of businesses.

While not the most common type of attack, insider fraud schemes are especially financially devastating-costing businesses nearly a quarter of a million dollars, averaging $262,138.

These types of attacks also typically take businesses five months to uncover.

News URL

https://www.helpnetsecurity.com/2023/05/02/insider-attacks-damage/

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