<p>Joe Payne is the president and CEO of Code42 Software, the leader in Insider Risk Management, which focuses on reducing the risk of data leakage from insiders while enabling the collaboration culture. Joe is a seasoned executive with more than 20 years of leadership experience and a proven track record leading high growth security and technology companies. With a passion for identifying and solving emerging market needs, Joe engages personally in product strategy and direction, while growing and providing vision and guidance to a world-class team of security executives. Previously, Joe served as CEO of eSecurity, the first SIEM software company. He also served as the president of iDefense prior to its acquisition by VeriSign. At iDefense, Joe led some of the best white-hat security researchers in the world and worked with the top financial institutions and government agencies in the United States to improve their risk profile.</p>
<p>Joe also has held additional ex
The Key to Workforce Agility: Understanding Insider Risk informationweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from informationweek.com Daily Mail and Mail on Sunday newspapers.
Despite the growing risk, data security events caused by insiders are not being taken seriously. New research in the Code42 Data Exposure Report notes that more than half (54%) of IT security leaders spend less than 20% of their budget on insider risk, and 66% of IT security leaders say their budget for insider risk is insufficient. This is a major problem for organizations around the world as users, applications, and data continue to move outside the hardened data center and corporate perimeter as part of digital transformation policies. And, unfortunately, it s going to get worse before it gets better. In their most recent predictions, Forrester says that insider incidents will be the cause of 33% of data breaches in 2021, up from 25% in 2020.