By
Ari Tammam, VP Channels
It should be part of standard procedures when terminating an employee's tenure at a company. However, more and more cases have been reported about employees who have stolen data or money from their company to avenge what they perceive as unfair dismissal.
This has to be one of the most avoidable problems in any company if strict polices are implemented concerning the termination of employees. All access to any of the company's databases, e-mail system, intranet and any other repositories of sensitive information should be terminated in parallel with notifying an employee of his/her dismissal.
A report in SC Magazine this week talks about a California water services company insider who managed to transfer $9 million to offshore accounts the same night that he resigned from his post. One would think that when a person resigns, at least access to the company's premises would be blocked, much less to the IT system. Not in this case. The suspected employee went back late that night to execute his nefarious activities and then disappeared.
This story demonstrates the continued lack of priority companies place on security and insider threats. While many IT publications try to emphasise the importance of internal security, it seems as if many companies are slow to heed the advice. Warnings from all security sectors have increased about the rise in internal theft by disgruntled employees following the economic crash.
In the midst of companies cutting costs by either freezing or reducing salaries and terminating expendable workers, the temptation for financial gain through unethical or criminal activities on the part of employees has increased tremendously.
Companies must realize, before it is too late, that implementing simple measures and following documented best practices can deny these insiders the ill-gotten rewards they seek. But you don't necessarily need an IT solution to address this problem. These are the sort of problems that can be resolved without spending any money.
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