Insider Threats
Insider threats are one of the most challenging and costly cybersecurity risks facing organizations today. An insider threat is a threat that originates from someone who has authorized access to an organization’s resources, such as employees, contractors, business partners, or vendors. Insider threats can be intentional or unintentional, malicious or negligent, and can cause significant damage to the organization’s reputation, operations, data, assets, and customers. According to the IBM Cost of a Data Breach Report 2023, data breaches caused by malicious insiders were the most expensive, costing USD 4.90 million on average 1 . Moreover, a report by Verizon revealed that incidents involving an inside threat actor resulted in exposure of 1 billion records or more 2 . Therefore, it is essential for organizations to understand the types of insider threats, their motivations, and their indicators, and to implement effective strategies to prevent and detect them. Types of Insider Threats In
