Insider Risk in Financial Services: The $14.5 Million Problem

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Presented by

Rob Bolton and Lee Duff Insider Threat Management specialists, Proofpoint

About this talk

Financial services companies face some of the worst outcomes from Insider Threats. 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.   Join our Insider threat experts and your industry peers in this Live Talk where we’ll explore the unique risks of insider threats and how to combat them. In this session, we’ll specifically dive in to: - 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.   Register today to learn more about how insider-led breaches affect financial services and how to mitigate the risk.
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Proofpoint, Inc. is a leading cybersecurity and compliance company that protects organizations’ greatest assets and biggest risks: their people. With an integrated suite of cloud-based solutions, Proofpoint helps companies around the world stop targeted threats, safeguard their data, and make their users more resilient against cyber attacks. Leading organizations of all sizes, including 85 percent of the Fortune 100, rely on Proofpoint for people-centric security and compliance solutions that mitigate their most critical risks across email, the cloud, social media, and the web.