Code42 Annual Data Exposure Report 2024

Keypoints

• Cybersecurity reports from major vendors typically include sections such as forewords from leadership, key findings or executive summaries, detailed analysis of data loss trends, insights into workforce and technological impacts, methodology, and company background information.
• These reports usually present quantitative data, including statistics on insider-driven data events, employee behavior trends, and the effectiveness of current security measures.
• Key statistics reveal a 28% annual increase in insider data loss events, with 87% of leaders concerned about insufficient visibility into sensitive data movement.
• Notable trends include the rising risks from AI and GenAI tools, with 86% of leaders worried about exfiltration via AI, and employee demographics, such as Generation Z and Millennials, being more prone to risky behaviors.
• Major findings highlight inadequacies of traditional Data Loss Prevention (DLP) solutions, as 78% of organizations still experience data breaches despite using such tools, pointing to a need for more holistic, fast, and integrated security platforms.
• The reports emphasize recurring themes like workforce skill shortages, increasing regulatory complexity, the impact of employee behavior, and the expanding threat surface from emerging technologies.
• Key takeaways stress that organizations must adopt advanced visibility and automation solutions to reduce insider risk, simplify investigation processes, and keep pace with technological evolution to protect critical assets like source code and proprietary data.