Hollywood likes to portray corporate espionage as a thrilling game of cat-and-mouse, in which outsiders sneak into a business and narrowly avoid detection before they escape with a flash drive loaded with valuable stolen information. But in the real world, the facts are less exciting and more disappointing. For reasons both accidental and deliberate, corporate data loss almost always comes from within–89 percent of enterprise data loss is the result of the actions of an insider. And because up to 80 percent of a company’s value lies in its Intellectual Property (IP), insiders are the ones with the potential to cost your company the most.
The infographic below details the average costs of an insider threat incident in the U.S. in 2016. As you can see, the expense goes far beyond the value of the hijacked data.
Of course, there are ways to prevent successful insider threat actions and their associated costs. To learn more, be sure to check out the white paper “Fighting Insider Threat with Endpoint Visibility.”