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This Business News Story Was Uncovered By Us From: https://www.entrepreneurshiplife.com/preventing-data-theft-by-employees-causes-and-best-practices/

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Among data breaches and cyberattacks, data theft made by employees is one of the worst because you’re never fully prepared, as a company owner, to experience such an occurrence. Although many reasons lead to employed or departing workers, businesses will never have the proper approach to prevent these happenings. At the same time, most organizations are not prepared in terms of cyber security as they don’t seem to priorities it too much, even if they’re aware of the consequences of data breaches. 

Workplace theft can be a severe challenge for many employers. It seems like, at least in the UK, employees steal around $50 million from companies annually, and a considerable number of these people are working in the company’s accounting or finance, which allows them to get more insight into the organization’s financial situation. 

The types of employees who steal are also various. Some workers start with inventory theft and end up skimming or embezzling, which causes the business to suffer numerous disadvantages. But what are the causes?

What are the Types of Employees Prone to Stealing Data?

Only some people are able to perform a data breach. It implies further planning and knowledge of the company’s systems, as well as knowing the rest of the employees and managers well. Therefore, some types of people are prone to doing such things:

1) Employees with the highest levels of access. Sometimes, these people in high positions are in an advantageous place to steal data with, and it’s less likely they’ll be discovered.

2) Employees facing financial distress. It’s common for people to struggle financially, and sometimes, when some of them have the opportunity, they might steal data to accept bribes, sell sensitive data or intellectual pro… Read More

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