Intelligent CISO Issue 48 | Page 19

With employee turnover and the shift to remote and collaborative work , security teams are struggling to protect IP , source code and customer information . a third of employees who quit take IP with them when they leave . On top of that , three-quarters of security teams admit that they don ’ t know what data is leaving when employees depart their organisations ,” said Joe Payne , Code42 President and CEO .
cyber trends

With employee turnover and the shift to remote and collaborative work , security teams are struggling to protect IP , source code and customer information . a third of employees who quit take IP with them when they leave . On top of that , three-quarters of security teams admit that they don ’ t know what data is leaving when employees depart their organisations ,” said Joe Payne , Code42 President and CEO .

“ Companies must fundamentally shift to a modern data protection approach – Insider Risk Management ( IRM ) – that aligns with today ’ s cloud-based , hybridremote work environment and can protect the data that fuels their innovation , market differentiation and growth .”
The Great Resignation is increasing concern around data exposure , leaks and exfiltration
In November 2021 alone , a record 4.5 million employees left their jobs , serving as a massive catalyst for data exposure and exfiltration . This level of turnover is causing cybersecurity concerns for 98 % of business leaders , cybersecurity leaders and cybersecurity practitioners , who also report a lack of visibility over what and how much sensitive data is leaving their organisation . The study found :
• Nearly three-fourths ( 71 %) don ’ t know what and / or how much sensitive data departing employees take to other companies .
• That same proportion ( 71 %) are concerned about sensitive data being stored outside of corporate www . intelligentciso . com
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