SPARK Matrix™: Insider Risk Management A Comprehensive Evaluation of Market Growth and Technology Trends
QKS Group Reveals that the Insider Risk Management (IRM) Market is Projected to Grow at a CAGR of 16.30% by 2028 As organizations increasingly collaborate with third parties such as vendors, suppliers, and contractors to reduce operational costs, enhance profitability, accelerate time-to-market, and gain competitive advantage, the amount of shared sensitive data has grown significantly. This includes personally identifiable information (PII), which, when shared with external partners, heightens the risk of data breaches and leaks. Globalization and digital transformation have further intensified dependence on third-party vendors for critical functions like IT services, payroll management, and logistics. Consequently, any security lapse or data breach at these partners can lead to exposure or theft of sensitive corporate data. To address these evolving threats, Insider Risk Management (IRM) solutions are increasingly being adopted across industries. These tools enable organiz...