Cyber threats do not always come from outside an organization. Insiders, including current and former employees, contractors and other business partners with authorized access to your network, systems or data can pose significant risk, damage your reputation or even cause financial losses and business disruption. Insider threat incidents are on the rise and organizations affected by them spend on average $15.4 million on mitigation efforts.

The Rhysida ransomware as a service (RaaS) group was first revealed in May 2023. Since then, the group has claimed 41 victims, including some high-profile ones such as the Chilean army and five educational institutions in the U.S. The group is also suspected to be behind the attack against Prospect Medical Holdings, which affected 17 hospitals and 166 clinics in the U.S., although Prospect is not listed as a victim on Rhysida’s website.