High turnover has become the norm as great resignations wreak havoc on organizations across industries. Although this is not the first challenge that comes to mind amid high turnover, your cybersecurity can be seriously compromised as employees leave. Protect your organization’s assets by enhancing cyber security due diligence with data breach precautions.
The global pandemic and the resulting increase in employee turnover have posed a serious threat to data security situations in many organizations. When the threat began to shift American society to social distancing, quarantine, and remote work in March 2020, Increase the number of electronic cameras by 400% The coronavirus has become the biggest security threat ever.
Now, two years later, many are still working full time remotely or on mixed schedules. Andrew Egorov, chief cybersecurity specialist at cloud-based solutions provider ProcessUnity, sees a significant rise in potential risks, as does the entire cybersecurity community.
“The shift to working from home means that many individuals are suddenly doing company projects on their personal devices, spreading data silos and reducing employee accountability related to data,” he says. “This means that with increases in employee turnover, there is a new set of employees leaving with sensitive information about the company.”
According to a 2019 survey by Code42, Nearly two-thirds of the employees Confess to fetching data from one workplace for use elsewhere, and that doesn’t include the larger population that shy away from sensitive information without knowing it. These events expose your organization to potential – and costly – data breaches.
If your IT team isn’t equipped to deal with the scale of abuse the pandemic has helped create, it can cost you $4.42 millionwhich IBM reported was the average cost of a data breach in 2021. Moreover, the average time for organizations to find and contain data breaches was more than nine months.
“In short, the great resignation led to massive leaks of regulatory data, while the work-from-home model reduced the visibility that would normally make it easier to address this problem,” says Egorov.
However, it’s never too late to consider making changes to your organization’s cybersecurity practices, and you can start with the following three action steps to help keep your data safe during times of high data turnover:
- Implement a no-trust strategy.
The aforementioned IBM report found that breaches in which zero-trust was deployed cost $1.76 million less than without zero-trust. It is positive evidence that one of the most effective measures to reduce risk related to circulating is to implement a zero-trust cyber security strategy.
“With a strategy of no trust, the company takes a security position that does not assume that any users, devices, network components or vendors will act responsibly with respect to sensitive information,” explains Egorov. “Instead, the organization takes a preemptive and proactive approach, practicing constant verification and requiring employees to certify their identities each time they access company resources.”
- Penetration range limit.
Egorov believes that another key component of the mistrust cybersecurity model is to reduce the blast radius for potential data breaches. Without identity-based data access segmentation, a single user’s information breach could completely put your organization’s network at risk.
“In the context of the Great Resignation, this means that any login credentials left active or available after an employee resigns are potential access points for potential hackers,” says Egorov. “To combat this risk, the distrust model suggests that your organization only grants employees access on a need-to-know basis.”
- Implement strict procedures abroad.
According to Farones, 62% of violations Involve the use of stolen credentials, brute force, or phishing. As the pendulum of your organization swings upward, your IT teams must have the technological tools and capabilities to meet your data security requirements. Egorov suggests tact in the process of laying off the plane.
“When an employee resigns, the resignation process must begin immediately and be meticulously addressed,” he explains. Their accounts must be deactivated, and cybersecurity personnel must conduct an audit of their data to ensure that no information is exported for external use. The best way to ensure that high employee turnover does not lead to a cybersecurity breach is to ensure that employees cannot leave significant holes in your organization’s security posture after they leave.
The comprehensive cybersecurity management platform is useful for combating risks related to business turnover. By centralizing user access information and automating reviews to ensure access controls are maintained, you can reduce the fallout from potential data breaches and easily facilitate a rigorous cancellation process.
In the wake of the great resignation, corporate leaders around the world face countless unprecedented challenges when it comes to cybersecurity. Implementing strategies that protect your organization — whether it’s a Fortune 500 company or a small family-owned business — doesn’t have to be a stressful process. Take the time to take care of your organization with the future in mind by investing in critical proactive security measures now and reap the benefits of potential longevity and success.
written by Rhett Power.
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