An insider threat is a threat to an organization that comes from negligent or malicious insiders, such as employees, former employees, contractors, third-party vendors, or business partners, who have inside information about cybersecurity practices, sensitive data, and computer systems. The action described in the question is an example of a malicious insider threat, where an employee intentionally misused their authorized access to harm the organization by stealing customer records and diverting funds to their personal bank account. References: What Is an Insider Threat? Definition, Types, and Prevention - Fortinet; What are insider threats? | IBM; What Is an Insider Threat? Definition, Examples, and Mitigations; Insider Threat Mitigation | Cybersecurity and Infrastructure ... - CISA