{"id":4459,"date":"2021-07-12T15:34:17","date_gmt":"2021-07-12T19:34:17","guid":{"rendered":"https:\/\/solutionsreview.com\/backup-disaster-recovery\/?p=4459"},"modified":"2021-07-13T15:41:46","modified_gmt":"2021-07-13T19:41:46","slug":"new-code42-study-reveals-significant-impact-of-insider-risk","status":"publish","type":"post","link":"https:\/\/solutionsreview.com\/backup-disaster-recovery\/new-code42-study-reveals-significant-impact-of-insider-risk\/","title":{"rendered":"New Code42 Study Reveals Significant Impact of Insider Risk"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3847\" src=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/04\/Research-From-Infrascale-Reveals-21-of-SMBs-Lack-Proper-Data-Protection.jpg\" alt=\"New Code42 Study Reveals Significant Impact of Insider Risk\" width=\"800\" height=\"400\" srcset=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/04\/Research-From-Infrascale-Reveals-21-of-SMBs-Lack-Proper-Data-Protection.jpg 800w, https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/04\/Research-From-Infrascale-Reveals-21-of-SMBs-Lack-Proper-Data-Protection-300x150.jpg 300w, https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/04\/Research-From-Infrascale-Reveals-21-of-SMBs-Lack-Proper-Data-Protection-768x384.jpg 768w, https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/04\/Research-From-Infrascale-Reveals-21-of-SMBs-Lack-Proper-Data-Protection-540x270.jpg 540w, https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/04\/Research-From-Infrascale-Reveals-21-of-SMBs-Lack-Proper-Data-Protection-162x81.jpg 162w, https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/04\/Research-From-Infrascale-Reveals-21-of-SMBs-Lack-Proper-Data-Protection-360x180.jpg 360w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>As a result of COVID-19, remote work, and an increase in employees changing jobs, corporate data is at risk. In fact, the technology that allows for the free flow of data in a business is also what can make it simple for insiders to exfiltrate data. According to <\/span><a href=\"https:\/\/www.code42.com\/resources\/reports\/aberdeen-report-understanding-your-insider-risk-and-the-value-of-your-intellectual-property?utm_source=pressrelease&amp;utm_medium=referral&amp;utm_campaign=cpg_reputation_awareness&amp;utm_bu=ent&amp;utm_content=aberdeen-report-understanding-your-insider-risk-and-the-value-of-your-intellectual-property\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">a recent study<\/span><\/a><span style=\"font-weight: 400\"> conducted by Aberdeen and commissioned by Code42, data breaches from insiders can cost up to 20 percent of annual revenue. Additionally, <\/span><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210707005267\/en\/Insider-Risk-Caused-By-Data-Exposure-and-Leaks-Siphons-Vast-Revenue-from-Organizations\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">the study revealed<\/span><\/a><span style=\"font-weight: 400\"> that at least one in three reported data breaches involve an insider. Whether a breach occurs because of malicious or accidental reasons, insider risk can be extremely costly to an organization.<\/span><\/p>\n<p><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"speedbump-1\" href=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/get-a-free-backup-and-disaster-recovery-buyers-guide\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"Data Protection Vendor Map\" src=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2021\/05\/21_BUDR_SB_BG_Blue_800.gif\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n<p style=\"text-align: justify\"><a href=\"https:\/\/www.code42.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">Code42<\/span><\/a> <span style=\"font-weight: 400\">offers backup, disaster recovery, and data loss protection solutions. The provider\u2019s data loss protection solution (Next-Gen DLP) detects insider threats, satisfies regulatory compliance requirements, automatically monitors file activity across computers and the cloud, and facilitates incident response. Additionally, Code42\u2019s security, IT, and compliance professionals can protect endpoint and cloud data from loss, leak, and theft while maintaining a collaborative culture for employees. This solution is recommended for backing up user data in the cloud or on-prem for compliance and simple recovery. Code42 also offers Incydr, which is a solution that provides data risk detection and response for insider threats, as well as CrashPlanCloud, which provides endpoint data backup and recovery for enterprises.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The significant findings from the report include:<\/span><\/p>\n<ul style=\"text-align: justify\">\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">33 percent of reported data breaches involve an insider. More than three-quarters (78 percent) of those insider data breaches involve unintentional data loss or exposure, which shows that malicious data theft and exposure is not the most significant insider risk IT teams are facing.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">75 percent of organizations surveyed do not have consistent, centralized visibility into file movements happening across their environments, which demonstrates that a majority of businesses lack the necessary tools to surface detail and context about their file exposure.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">In 2020, a data breach was 4.5 times more likely to occur on end-user endpoints than back-end servers. This speaks to the importance of endpoint security for borderless workforces.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Trusted insiders cause an average of 13 data exposure events by moving corporate files to untrusted locations through email, messaging, cloud, or removable media.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In a media statement, Joe Payne, president and CEO of Code42, said, \u201cdata stewardship has become a boardroom imperative. And while Insider Risk is not a new problem in security, managing it effectively in today\u2019s open and collaborative business climate \u2014 with enough resources \u2014 is. We know that one out of three data breaches involve an insider, though it\u2019s likely much higher. Important ideas and key IP encompass much more than just the company crown jewels. It includes the very digital and portable information like source code, customer lists, and salary structures \u2014 data that when taken can leave a devastating impact on a company\u2019s competitive position and bottom line.\u201d<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">To read the full report, <\/span><a href=\"https:\/\/www.code42.com\/resources\/reports\/aberdeen-report-understanding-your-insider-risk-and-the-value-of-your-intellectual-property?utm_source=pressrelease&amp;utm_medium=referral&amp;utm_campaign=cpg_reputation_awareness&amp;utm_bu=ent&amp;utm_content=aberdeen-report-understanding-your-insider-risk-and-the-value-of-your-intellectual-property\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">click here.<\/span><\/a><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">To learn more about Code42, <\/span><a href=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/code42-releases-incydr-for-insider-threats\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">click here.<\/span><\/a><\/p>\n<div class=\"hr hr\"><\/div>\n<p><span style=\"font-weight: 400\"><div class=\"widget\"><div class=\"aside-card\">\t\t\t<div class=\"textwidget\"><p><a class=\"speedbump-3\" href=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/data-protection-vendor-map\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-1682\" title=\"Data Protection Vendor Map\" src=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/02\/DP_VM_SB_800.jpg\" alt=\"Download Link to Data Protection Vendor Map\" width=\"800\" height=\"100\" \/><\/a><\/p>\n<\/div>\n\t\t<\/div><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As a result of COVID-19, remote work, and an increase in employees changing jobs, corporate data is at risk. In fact, the technology that allows for the free flow of data in a business is also what can make it simple for insiders to exfiltrate data. According to a recent study conducted by Aberdeen and [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":3847,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[3],"tags":[867,30,1131,1119],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Code42 Study Reveals Significant Impact of Insider Risk<\/title>\n<meta name=\"description\" content=\"Whether a breach occurs because of malicious or accidental reasons, insider risk can be extremely costly to an organization.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/new-code42-study-reveals-significant-impact-of-insider-risk\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tess Hanna\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/new-code42-study-reveals-significant-impact-of-insider-risk\/\",\"url\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/new-code42-study-reveals-significant-impact-of-insider-risk\/\",\"name\":\"New Code42 Study Reveals Significant Impact of Insider Risk\",\"isPartOf\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/new-code42-study-reveals-significant-impact-of-insider-risk\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/new-code42-study-reveals-significant-impact-of-insider-risk\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/04\/Research-From-Infrascale-Reveals-21-of-SMBs-Lack-Proper-Data-Protection.jpg\",\"datePublished\":\"2021-07-12T19:34:17+00:00\",\"dateModified\":\"2021-07-13T19:41:46+00:00\",\"author\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/#\/schema\/person\/1915d169a2244d0703ac9749676fe5cd\"},\"description\":\"Whether a breach occurs because of malicious or accidental reasons, insider risk can be extremely costly to an organization.\",\"breadcrumb\":{\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/new-code42-study-reveals-significant-impact-of-insider-risk\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/new-code42-study-reveals-significant-impact-of-insider-risk\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/new-code42-study-reveals-significant-impact-of-insider-risk\/#primaryimage\",\"url\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/04\/Research-From-Infrascale-Reveals-21-of-SMBs-Lack-Proper-Data-Protection.jpg\",\"contentUrl\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/files\/2020\/04\/Research-From-Infrascale-Reveals-21-of-SMBs-Lack-Proper-Data-Protection.jpg\",\"width\":800,\"height\":400,\"caption\":\"New Code42 Study Reveals Significant Impact of Insider Risk\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/new-code42-study-reveals-significant-impact-of-insider-risk\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"New Code42 Study Reveals Significant Impact of Insider Risk\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/#website\",\"url\":\"https:\/\/solutionsreview.com\/backup-disaster-recovery\/\",\"name\":\"Best Backup and Disaster Recovery Tools, Software, Solutions &amp; 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