What can result from not managing insider threats effectively?

Not managing insider threats effectively can lead to significant legal penalties and financial losses for an organization. When insider threats—actions taken by employees or other trusted individuals that compromise the security or operations of a business—are not adequately addressed, they can result in data breaches, theft of intellectual property, or other harmful activities. Such incidents may invoke legal consequences based on non-compliance with regulations or failure to protect sensitive information. Additionally, the financial impact can be substantial, including costs associated with incident response, potential fines, litigation fees, and damage to the organization's reputation, which can ultimately affect revenue and customer trust. This highlights the importance of having robust strategies in place to mitigate insider threats to protect both the organization's assets and its future viability.