When the world shifted to a distributed workforce more than two years ago, businesses were forced to quickly implement technology to replicate in-person communication and minimize productivity loss, often prioritizing it above security. As businesses consider what the workplace will look like moving forward, the growing risk of insider threats necessitate a robust security and compliance plan.
According to IBM, the cumulative cost of insider threats is nearly $11.5 million, with the majority of incidences stemming from negligence. Insider threats are now widely regarded as a common risk to business security, especially with a growing distributed workforce reliant on modern communication tools. While technology has become more sophisticated to accommodate work-from-anywhere environments, these new ways of sharing information have complicated legacy security and compliance procedures. In the absence of proper training and the implementation of security solutions, employees run the risk of becoming an insider threat.
Here are three ways to protect organizations from insider threats in today’s evolving workplace landscape.