The human factor in IT security compromise and its mitigation
Look at the following statistics on insider threats. There are over 2,500 internal security breaches in the US every single day. The impact of insider threats affects more than 34% of businesses globally. Within the last 2 years, the increase in such incidents has gone up by 47%. The cost to businesses surpassed $2.7 million in 2020. Yet, employees are not the only threat when it comes to cybersecurity. Lax systems within the organization have a big role to play.