Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

Could your employees be unintentionally putting your business at risk? While companies prioritize protection against external cyber threats, the often-overlooked unintentional insider threats can lead to significant financial and reputational risks for your business. These threats can come from simple human errors, such as accidental data sharing, misconfigurations, or falling victim to phishing attacks.

How safe is your business from an employee stealing data? Employee data theft refers to the unauthorized access, transfer, or misuse of a company’s confidential data by its employees. Whether driven by malice or negligence, this type of data theft poses a significant risk to your business’s security and reputation. As incidents of insider threats rise, it becomes crucial for companies to identify the warning signs and implement the necessary preventive measures.

Already in 2024, nearly 10,000 publicly disclosed global data breaches affected hundreds of millions of user records. Apple, Meta, and Twitter all succumbed to data breaches in 2024 (and numerous times in the past), providing the public and its shareholders with a stark reminder that malicious activity constantly makes user data susceptible to cybercriminal activity, no matter the platform or level of password security.

In IT, endpoints are the physical devices that connect to a network system. In a corporate environment, endpoints include mobile devices, desktop computers, laptops, servers, and other equipment employees use to access the network and other critical digital systems. A company with fewer than 50 employees typically averages around 22 endpoints, 50-100 employees average more than 100, and companies with more than 1,000 employees average nearly 2,000.

Today, organizations are confronted with a multitude of cybersecurity risks, both from external and internal threats. The global cost of cybercrime is projected to exceed $10 trillion by 2025. In 2023, a staggering 72% of all organizations worldwide fell victim to ransomware attacks, which is just one type of threat. The reality is that cyber threats are pervasive, and the adversaries behind them are becoming increasingly sophisticated with each passing year.

Imagine receiving a work email from your finance department asking about an overdue invoice. You notice it has a few extra typos and uses strange language, so disregarding it as junk. What you don’t know is that your very busy coworker receives the same email at the same time. Because they’re more distracted than normal, they respond, unknowingly aiding with a business email compromise (BEC) attack.

Are you leveraging every piece of data to protect your network? Telemetry data is the automated process of collecting and sending data from remote points to an IT system for monitoring and analysis. Telemetry empowers companies to detect anomalies, predict potential breaches, and respond to threats faster.

With the rise of remote work and the increasing prevalence of cyberthreats, companies actively seek robust solutions to safeguard their valuable data assets. One solution that has gained traction recently is Code 42 Incydr, a data risk detection and response platform. Incydr is a SaaS solution that combines data loss prevention (DLP), cloud access security broker (CASB), and user and entity behavior analytics (UEBA) capabilities into a single platform.

Cybersecurity issues more commonly arise from insider activity than outside activity. Of course, attacks by external threat actors still occur, but insider incidents cause most data breaches and leaks. Often, insider threat and insider risk are used interchangeably to describe cybersecurity risks posed by people with inside knowledge of a company.