September 06, 2018

What HR Professionals Should Know When An Employee Leaves

When it comes to the risk of a data breach, a lot of employers today worry about cyber attacks. But in the workplace, there’s actually a bigger threat – and that’s the employees, more specifically, terminated employees.

According to research, when an employee leaves a job, there is a 69% chance that they will take confidential data with them.

Whether by accident or due to malicious intent, documents can be physically removed, saved on a mobile device or to Cloud storage for later access, or deleted entirely.

In any workplace, there is a lot of confidential data. This data includes customer and contact data bases, financial data and price lists, intellectual property, marketing materials, company directories, and more. Loss or theft can damage an organization and result in data breaches and non-compliance issues and penalties.
But many workplaces are ill-prepared for keeping data safe.

A 2017 study from identity management company OneLogin, showed that over 50% of ex-employees still had access to corporate applications. Failure to remove employee security access had caused a data breach at 20% of the companies in the survey.

According to the 2017 Osterman paper, Protecting Corporate Data When Employees Leave Your Company, 67% of organizations surveyed couldn’t be sure that they could detect whether an employee who left was still accessing corporate resources.

Here’s how to ensure confidential data is protected throughout a person’s employment term.

Hiring process

During employment

On termination

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To learn more about how Shred-it can protect your documents and hard drives, please contact us to get a free quote and security risk assessment.