Insider Threats on the Rise in 2023

New research has been released that highlights the rising number of Insider Threats to Data Security – up by more than 76% between 2018 to 2022 (Ponemon Institute).

Safeguarding sensitive data is a big deal for organisations and whether an insider threat comes from an employee, former employee, contractor, partner or associate, it’s something that our customers are really keen to control via our platform. And of course, the threat doesn’t have to be malicious, it can be accidental or via an external cyber criminal. We have highlighted the importance of understanding insider threats in a previous blog here.

The 2023 Insider Threat Report produced by Cybersecurity Insiders included the following key findings:

• 74% of organizations say insider attacks have become more frequent

• 74% of organizations say they are at least moderately vulnerable or worse to insider threats

• More than half of organizations have experienced an insider threat in the last year, and 8% have experienced more than 20

• 68% of respondents are concerned or very concerned about insider risk as their organizations return to the office or transition to hybrid work; only 3% are not concerned

• 53% say detecting insider attacks is harder in the cloud

You can see how effective Torsion is at spotting insider threats by watching our on demand demo here.