Over the last five years, headline-grabbing incidents have demonstrated the potential implications of a data breach – from damaged business reputation, to loss of revenue and even company devaluation. According to the 2018 Cost of a Data Breach survey conducted by the Ponemon Institute, the typical data breach now costs a company $3.86m, up 6.4% from 2017.
As the financial impact of data breaches increases, so do the opportunities for employees to leak sensitive data – either accidentally or maliciously. Employees are sharing more information digitally, creating more opportunities for data breaches to occur.
Commissioned by Egress and conducted by independent research company Opinion Matters, the 2019 Insider Data Breach Survey gathered responses from IT leaders and employees to assess the root causes of employee-driven data breaches, as well as the frequency and impact of such instances.
The results of the research can offer insights that could help to inform the allocation of security budgets and strategies so that investment can be directed to where it will achieve the greatest impact in preventing costly data breaches.
