Insider risk is a challenge across many industries. Financial services companies face some of the worst outcomes. A recent benchmark study found that the Financial services sector experienced the highest average yearly cost. Containing insider threats costs the industry $14.5 million annually. That is a 20.3% increase from 2018.
Insider incidents at financial services companies can lead to: fraud, financial losses, data leaks, regulatory fines and more. The root cause may be a sloppy user or third-party contractor, an angry employee or a stolen login. No matter the cause, companies need visibility into insider threats. People-centric security helps financial companies better manage risk.
This talk with Proofpoint’s Rob Bolton and Lee Duff we’ll explore the unique risks of insider threats and how to combat them. In this webinar, you will learn:
- The three main insider threat profiles and how to address each
- Why insider threats are unique and require more context than other threats
- How to reduce response time and costs by speeding up investigations
Join us to learn more about how insider-led breaches affect financial services and how to mitigate the risk.