What is nowadays referred to as Cyber Risk is now part of the Top Risks discussed regularly at Board meetings around the world. And this is a fact not only for financial services firms or big banks.
Our latest infographic exposes a recurrent question in regarding security: who poses the greater threat to corporate sensitive data: insiders or outsiders?
It started with the explosive hacks that rocked companies like Sony, JP Morgan, Target, and other well-known brands. More recently, it was the release of thousands of hacked emails from the DNC and John Podesta, along with the allegations of Russian hacking, that has led the news cycle.
As a result, it is not surprising that much of today’s narrative on cybercrime is centered around the devastating potential of external threats to countries or businesses. The reality is, however, that there is a whole other side of things to consider.
While external threats like cybercriminals or hackers are an ongoing concern for organizations, it is actually malicious insider attacks that tend to cause the most damage on average (in terms of costs).