Study: insider data theft, loss worry businesses.

• Position: INFO SECURITY - Brief article

Companies' concerns are growing about data theft by corporate insiders, and with good reason. "The State of Cyber Security 2016" report from Accenture and HfS Research surveyed 208 organizations and found that 69% "experienced an attempted or realized data theft or corruption by corporate insiders" during the previous 12 months. More than half (57%) experienced similar risks from external sources.

"Everyone's always known that part of designing security starts with thinking that your employees could be a risk but I don't think anyone could have said it was quite that high," Omar Abbosh, Accenture chief strategy officer, said in an interview.

Each year, businesses spend an estimated $84 billion to defend against data theft that costs them about...