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Tom Mowatt is a managing director of Tools4ever, a global provider of identity and access governance. The average cost of damage or theft from these breaches is greater than $1 million. Almost 80% of senior-level employees and executives were more likely to intentionally share data against company policy. Phishing remains the most cited cause of unintentional breaches, with 60% of directors saying they had sent data to the wrong person compared with 45% of administrative staff. IT leaders need to be vigilant with current and former employees, he says.