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58% of employees prepared to illegally download company/competitive data

 (Previously published on Brian Bowman – On the Cutting Edge on November 28, 2009)

According to a Cyber-Ark survey entitled “The Global Recession and its effect on Work Ethics” (link below), 58% of U.S. employees surveyed said that if they thought their job was at risk they would, as a pre-emptive move, be prepared to download company/competitive data. Fifty two per cent (52%) said that if they were fired tomorrow they’d take their employer’s customer and contacts data.

More disturbingly, 51% said it’s “easy” to take sensitive information out of their company and, as reported by Out-Law.com, 85% were aware that it’s illegal to download corporate information.  The favoured medium for stealing corporate information is a USB memory stick followed by e-mail. 

As I’ve mentioned in previous posts rogue employees pose a risk to privacy compliance and, as a result, corporate information requires safekeeping.  In today’s economy, information is the most valuable corporate asset.  For this reason, businesses of all sizes should take proactive steps to protect corporate data.  Whether it’s customer or supplier lists, intellectual property or employee personal information, it’s information that needs safekeeping, especially when we see statistics like those reported above.

December 9, 2009 - Posted by Ron Greasley | Corporate Information, Due Diligence | Corporate Information, Due Diligence