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2023 Cost of Insider Risks Global Report

Independently conducted by:

Ponemon Cost of Insider Risks Global Report  Ponemon Cost of Insider Risks Global Report

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Featuring first-time insights on how organizations are funding and governing insider risk programs.

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At a Glance

$16.2M USD

average annual cost of an insider risk

86 DAYS

average number of days to contain an insider incident

8.2%

security budgets spent on insider risk management

Key Insights

Infographic Infographic

All monetary values mentioned on this page are in US dollars (USD).

Executive Summary

The upward trends associated with incident costs, frequency, and time to contain demonstrate that current approaches to insider risk are simply not working. In fact, the numbers clearly show we are going backwards.

Funding is being inadvertently misdirected due in part to a widespread misunderstanding of insider risks and how they manifest based on early warning behaviors. A whole-of-industry approach is required to educate and find common ground on how we define and discuss insider risks with enterprise and government entities.

On a positive note, more and more organizations are building insider risk programs and seeking budget and executive buy-in to fund and champion them. Our research echoes similar findings from other leading analysts and research organizations, notably Forrester, Gartner, MITRE Corporation and Verizon. The human is unquestionably at the center of most data breaches – and increasingly, that human risk is an insider, right under our noses. By homing in on insider risk management, organizations have a powerful opportunity to proactively identify and mitigate insider risks well before a costly incident occurs.

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Watch the Videocast

In this episode of Conversations from the Inside, Dr. Larry Ponemon and DTEX’s Rajan Koo unpack the report findings and key actions for getting left of boom.

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