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Vormetric: 93% of companies face insider threat cybersecurity risks

More than 9 out of 10 companies are vulnerable to various cybersecurity risks related to insider threats.

Published Thu, Jan 22 2015 4:21 PM CST   |   Updated Mon, Oct 19 2020 8:15 PM CDT

A whopping 93 percent of organizations are vulnerable to insider threats, and the problem continues to be confusing for business leaders, according to Vormetric's "2015 Insider Threat Report." The threat report also discovered 59 percent of respondents believe privileged users pose the biggest threat to their organization, and preventing a data breach is a major priority for IT security spending.

Vormetric: 93% of companies face insider threat cybersecurity risks | TweakTown.com

Trying to keep companies secure from insider threat - both accidental and malicious - is a problem that only seems to be getting worse, as companies are unsure how to address evolving security problems. As such, experts are concerned the number of massive data breaches, which captured headlines in 2014, will continue in 2015 while companies remain flustered.

"As the past year demonstrates, these threats are real and need to be addressed," said Alan Kessler, CEO of Vormetric. "Organizations wishing to protect themselves must do more than take a data-centric approach; they must take a data-first approach. Although we are heartened that 92 percent of organizations plan to maintain or increase their security spending in the coming year, our larger concern is about how they plan to spend that money."

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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