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Showing posts with the label insider threat cost

The $19.5 Million Mistake Most SMB Owners Make Before Lunch

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Thought Leadership Financial Impact May 2026  ·  8 min read The average organization now loses $19.5 million annually to insider threats — and the incidents driving that number don't happen during dramatic heists or sophisticated attacks. They happen during ordinary workdays, in ordinary moments, by ordinary employees just trying to get things done. It's 8:47am on a Tuesday. Your sales manager, Sarah, is on her second coffee and working through a backlog of emails before her 9am call. She gets a message that looks like it's from your IT vendor — subject line "Action Required: Account Verification." It's well-written, uses her real name, references a software tool she actually uses. She clicks the link, enters her credentials, and moves on. By 8:49am, her account belongs to someone else. By the time anyone notices — 81 days later on average — that account has been the source of unauthorized access t...

Your Biggest Cyber Risk Isn't Outside Your Firewall. It's on Your Payroll.

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Thought Leadership Insider Threat May 2026  ·  8 min read Most small businesses invest in perimeter security and assume the threat is outside. The data tells a different story. The most financially damaging cyber incidents don't break through your defenses — they walk past them, using legitimate access your own employees already have. In May 2025, Coinbase discovered that cyber attackers had recruited a group of their own customer support agents — employees with legitimate system access — and bribed them to hand over customer data. The attackers then used that data to impersonate Coinbase representatives, manipulating customers into sending them cryptocurrency. When the attackers contacted Coinbase demanding a $20 million ransom, the company refused to pay. The total cost — including customer reimbursements, security upgrades, and regulatory response — ran significantly higher. Coinbase isn't a naive startup. They're one of...