Departure check: is job insecurity leading to increased data theft?

Is job insecurity leading to increased data theft?

When a company’s information is stolen, an employee is found to be responsible 43 percent of the time. When employees depart, take care they are not leaving with more than they are entitled.

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Employee stealing data

Companies are aware that departing employees are often tempted to help themselves to some of their employer’s stock or equipment. These losses are more likely when the departure is involuntary or when an employee has a grievance. However, most organisations are vulnerable to more serious issues arising from the theft of data or intellectual property (IP).

There are various ways organisations become victims to malicious insider ‘attacks’. The most common and expensive of these faced by companies is cyber incidences – and the consequences for companies can be alarming.

Cost of cyber incidences

Types of data being stolen

How are employees taking the data?

How KPMG can help

The KPMG Departure Check is a tailored analysis of an employee’s digital footprint.

This analysis assists our clients to understand the extent of a departing employee’s involvement in improperly accessing company intellectual property (IP) or confidential information. Key employees’ electronic information can be captured and preserved prior to their departure from the organisation. If required, this information can be analysed using forensic procedures to identify activity consistent with the unauthorised removal of IP, critical information or contact with key clients.

The KPMG Departure Check process is compliant with evidentiary requirements and as such is able to be utilised in any legal proceedings that may arise.

Malicious ex-employees can present a painful lesson. Steps can be taken to safeguard your company using the KPMG employee departure check.  When employees depart, take care they are not leaving with more than they are entitled.

Our factsheet provides case studies and further information.


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