The Skyrocketing Costs of Insider Threat Investigations

The Skyrocketing Costs of Insider Threat Investigations

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The Skyrocketing Costs of Insider Threat Investigations

TL;DR: A recent report from Ponemon Institute found that the cost of investigating Insider Threat incidents has skyrocketed since 2018. What can companies do to be more efficient?

According to the new 2020 Cost of Insider Threat Report: Global, since 2018, the number of Insider Threat incidents has increased by 47%, while the overall cost of incidents has risen by 31% to an eye-popping $11.45M.

Conducted by Ponemon Institute and sponsored by ObserveIT and IBM, the annual report surveyed hundreds of IT security practitioners to take the pulse of Insider Threat costs and management. The study looked at three categories of insiders: employees or contractors; criminal or malicious insiders; and credential thieves. Read more..