Recently, one company examined the data loss associated with employee-related cybersecurity breaches. Biscom, a provider of secure communications tools for regulated industries like healthcare and financial services, has more than 30 years of experience in cybersecurity and has witnessed firsthand many of the modern-day data breaches that affect companies, big and small.
Biscom’s recent research discovered that, across all size companies, employees admitted to taking important company data and information when they left. More specifically:
- 85% of employees admitted to taking company documents and information they had created.
- 30% of employees admitted to taking company documents and information they had not personally created.
The research was particularly concerning for startups that retain and manage intellectual property and sensitive customer data closely. The study found that:
- 25% of employees reported taking source code and patent filings.
- 35% of employees took customer data, including names, phone numbers and email addresses.
- 85% admitted to taking company strategy documents and presentations.
Moreover, if an employee was terminated under bad circumstances (laid off or fired), 20% indicated they would be more likely to take data out of anger and would be more likely to pass it to a competitor.
Finally, 90% of respondents indicated that the primary reason for the data theft upon departure was due to the fact that their employer did not have a policy or technology in place to prevent them from doing it.