cyber trends
A CODE42 DATA EXPOSURE REPORT REVEALS THAT DATA VISIBILITY AND EXPOSURE CHALLENGES PUT THE SPOTLIGHT ON THE RISK OF CLOUD TECHNOLOGIES AND INSIDER RISK EDUCATION IMPROVEMENT .
ode42 , an Insider
C
Risk Management leader , has released its Annual Data Exposure Report for 2022 on insider risk . The study , conducted by Vanson Bourne , found that cybersecurity teams are facing unprecedented challenges when it comes to protecting sensitive corporate data from exposure , leak and theft .
Code42 report puts the spotlight on Insider Risk education improvement
Identified within the research are three compounding trends increasing the risk to organisations :
1 . The continued adoption of cloud technologies and a lack of visibility into them .
2 . The impact of the Great Resignation and departing employees ’ theft of Intellectual Property ( IP ) and sensitive data .
3 . Ongoing misunderstanding and poor communication between stakeholders at the board , security leadership and security practitioner levels .
When employees quit their jobs , there is a one-in-three ( 37 %) chance an organisation will lose IP . With nearly all companies ( 96 %) noting they experience challenges in protecting corporate data from insider risks , it ’ s clear insider risk must be prioritised .
However , ownership of the problem remains vaguely defined . Only 21 % of companies ’ cybersecurity budgets have a dedicated component to mitigate insider risk and the vast majority ( 91 %) of senior cybersecurity leaders still believe that their companies ’ board requires better understanding of insider risk .
“ With employee turnover and the shift to remote and collaborative work , security teams are struggling to protect IP , source code and customer information . This research highlights that the challenge is even more acute when
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