Around 90% of organizations expressed concerns about growing internal data threats in 2024. Among them, 53% of organizations struggle to detect and eliminate data risks while 37% of organizations face difficulties in predicting and preventing internal data breaches than external data attacks. The rise in unvalidated data exposure has almost doubled since 2019 hinting at an urgent need to control malicious insiders and ensure information security.

Finding out when employees feel most productive can benefit your business with improved productivity and efficiency. You can leverage their peak energy hours to get the most strategic work done in comparatively less time and with improved quality.

Data loss incidents don’t always involve deliberate malicious activities and are also caused by mistakes from careless users, who contribute to 70.6% of data theft instances – the highest among all data attacks, followed by 48.1% of compromised systems. For data loss, whether it is triggered by negligent behavior or vengeful intent, the result leads to severe consequences in either case.

Growing threats have caused a grave security concern for organizations where data is at the center of business operations, including the Banking, Financial Services, Insurance industries (BFSI), and BPOs. The rising threat landscape indicates an urgent need to adopt strong countermeasures for threat mitigation and operational efficiency.

Healthcare is the most targeted industry by malicious actors with an 8.2% increase in threat incidents since 2022 costing it an average of $10.93 million. Growing risky insider incidents and hefty regulatory fines indicate an urgent need for the industry to adopt a robust security system and gain strong control over rising data attacks leading to regulatory compliance breaches.

Time is the most critical element and when it comes to achieving goals, the value of time gets multi-folded. Now when workplaces are evolving with growing remote teams and businesses are striving to enhance employee efficiency in distributed work, managing workforce hours is important to maximize productivity in remote work.

Employee engagement is a critical factor in driving growth for organizations. A recent report on the Status of Workforce Engagement 2024 reveals that 32% of companies experience the negative impact of low employee engagement on their operational efficiency. Now more organizations are investing effort in creating a positive work environment, encouraging work flexibility, and promoting well-being in the workplace to improve workforce engagement.

In evolving workplaces where more teams are working distributed across locations, organizations face the challenge of staying in sync with how remote employees work and what efficiency distributed workforce achieves. Leveraging employee monitoring software can enable businesses working with distributed teams to gain the actionable insights that matter.

Data-intensive BPO operations are at the center of attacks and need strong security measures to identify and prevent threats before they cause damage. An IBM Data Breach Report 2024 reveals that organizations suffer an average data breach cost of USD 5.36M in the absence of a robust security system in place. Growing breach instances and regulatory costs indicate an urgent need for effective BPO security to control data privacy and ensure workplace compliance.

Organizations operating with remote teams report that 35% of their workforce faces productivity challenges. The growing inefficiencies at work cost organizations $930,000 per year, indicating an urgent need to align teams to perform more efficiently.