June 30, 2015

Insights: 9 Crucial Internal File Sharing Stats for Businesses

In modern days, a business needs to share files internally and externally in order to operate efficiently. With a wide array of benefits for business operations, file sharing has become part of day-to-day activities. However, transferring important documents through simplified file sharing technologies can put your business at risk. Make yourself aware of the risks and benefits of a secure file sharing solution with the internal file sharing statistics shared below!

The Internal File Sharing Statistics Businesses Should Know

Insider Threats Are Common: Roughly one-third (33%) of businesses face internal security issues annually, making it a widespread challenge. (Source: techjury.net)
Breaches Happen Every Day: In the U.S., companies experience around 2,200 internal security incidents daily, showing how frequent these threats are. (Source: techjury.net)
Insiders Are a Bigger Worry: Two-thirds of organizations believe accidental or malicious insider actions are more likely than external attacks. (Source: techjury.net)
Data Breaches Are Expensive: For companies with security skill gaps, the average breach cost exceeds $5 million, a significant financial burden. (Source: secureframe.com)
Regulatory Fines Add Up: One in five businesses affected by a breach faces penalties, sometimes exceeding $250,000. (Source: secureframe.com)
Fast Responses Save Money: Companies resolving breaches in under 200 days save over $1 million compared to slower responses. (Source: secureframe.com)
Personal Email Usage for Business Documents: Among employees, 86% check work email and 67% access company documents on personal devices, increasing security risks. (Source: prnewswire.com)
Lack of Policies for Sending Sensitive Files: Only 48% of employees say their companies have policies for transmitting sensitive data, and 54% still use personal email for these transfers. (Source: bynder.com)
Widespread Password Sharing Among Employees: Around 46% of employees in the U.S. share passwords for work accounts, with 34% sharing with teammates, 32% with managers, and 19% with executives. (Source: keepersecurity.com)

As you can see from the statistics, companies who are not equipped with a secure file sharing solution often face serious repercussions. When a company is using a secure file sharing service, like FTP, they will steer clear of these risks
and have the ability to share valuable business information.

To view the entire list of statistics, download our Free EBook "20 Statistics You Should Know About Internal File Sharing Threats" to learn the risks, and how to avoid them.