Former U.S. president Ronald Reagan frequently remarked: ?Trust, but verify.? While maintaining trust among business partners or employees within a company is crucial, there is still a need to make sure that no one is working against the interests of your company ? which might be present in the form of data breach caused by your own employees.
With current or former employees and business partners given authorised access to your confidential data, there is a possibility that someone might misuse or misappropriate your company data. On the other hand, your data may also be compromised due to their negligence. But regardless of whether it is intentional or accidental data breach, the potential damage to your reputation will have already been done.
What?s more, with BYOD (Bring Your Own Devices) becoming increasingly popular, your employees may prefer to use ?tablets, smart phones or cloud applications to access company data, making it more challenging to mitigate insider threats. Here are some simple tips on how you can combat data breach due to insiders:
1.?????? Increase awareness through training and education ? Gain a better understanding of where your information lies and focus security controls in these areas. This can be aided by training and education related to IT security, which are essential to raising the awareness of IT threats and policies.
2.?????? Draw up a data compliance strategy ? As data compliance becomes more highly prioritised by government and large corporations, you can keep in line with their goal? by coming up with a well-planned data compliance strategy. However, complying with a complicated and lengthy list of security policies can be a tedious process. Hence you may want to engage independent advisers to help you with risk management.
3.?????? Implement security policies and measures ? Promote the practice of locking computers or phones into password-protected screensaver mode when leaving these devices unattended. Also, remind your employees not to share their passwords with colleagues and change passwords frequently. Another measure is to subdivide your internal network through firewalls, and separate different departments such as human resource and finance into private network segments.
4.?????? Set up a more stringent hiring process ? When recruiting new staff, you may hire an applicant who is referred by someone you know. In any case, try to learn more about your potential employee through an in-depth interview and conduct a basic background check. After all, employees are important assets to a company and it is always good to ensure that you hire the right person.
Companies can be vulnerable to insider theft and negligence as employees have legitimate access to sensitive corporate information and know the weaknesses of their company?s infrastructure. And with internal attack being more impactful than an external attack, don?t take any chances and start stepping up your internal security policies now.
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