Human Error Major Factor in Risk Management -August 11, 2023 at 03:36 am| MarketScreener

IBM’s 2014 Cyber Security Intelligence Index revealed that 95% of all security incidents involve human error. Despite the focus on threats from outside sources, many companies tend to overlook risks posed by their own employees’ handling of sensitive information. Failing to update software, relying heavily on unapproved applications, lax social media policies and simple device security lapses, such as lost laptops or outdated passwords, can all compromise a company’s security. Education and proper protocols can minimise these risks.