The Trustwave 2024 Financial Services Insider Threat Report highlights that insider threats, both malicious and unintentional, are rising, with incidents averaging $5M per breach. Malicious insiders exploit access for profit, revenge, or under coercion, often recruited via dark web forums and encrypted channels, sometimes even from global corporations. Unintentional threats stem from negligence or mistakes, such as misusing RMM tools, personal VPNs, or USB drives, which attackers exploit for persistence or data exfiltration. Mitigations include stronger vetting, least privilege, continuous monitoring, USB and VPN policies, and employee awareness. A layered defense reduces risks and preserves trust in financial institutions.

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