Typically, a business has hundreds of threats to deal with but the risk to your confidential data and information is perhaps the toughest one to handle. To make things worse, it gets bigger if you have dishonest employees within your organizational ecosystem.
Sadly, this is something you cannot avoid despite the best hiring and human resource management practices. There are always people looking to steal and sell data for money or they simply want to do it for brewing up some trouble. Security in the corporate sphere, therefore, becomes a top priority.
Fortunately, there are some effective measures that you can implement to deal with insider threats effectively. Let us highlight them for you.
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Look for warning signs
Being vigilant about threats is the key to saving yourself from them. So you must watch out for indications that signal something is wrong in the organization. If someone seems to be copying files to external media or cloud abnormally or sending across large volumes of emails, it is surely a thing to worry about.
The recession of work activity by an employee is a red flag while suddenly putting things in order is also a warning sign. Similarly, you should watch out if someone starts working long hours or during weekends suddenly and out of their normal work patterns.
Be aware of the routes of data loss
Even if there are no suspicious activities around, you should still be aware of the possible routes of data loss. Not always does it happen due to malicious intentions, but it is better to be forewarned about the worst. Data loss may be incidental, accidental, or with the wrong intent. With the incidental loss, there is a possibility that the employee slips the data through the resources tools without even being aware or having evil intentions.
Accidental loss often happens due to a false understanding of ownership rights, when employees think that they have a right over corporate data. An action done with evil intentions can be the biggest threat to the company.
Have a prevention and risk mitigation plan in place
Knowing the warning signs and understanding the risk potential is only half the work done. If you want to deal with employee threats effectively, having a proper prevention and risk mitigation plan in place is vital. Although there isn’t any magic pill that gives you 100% protection, some prevention strategies can take you a long way in cutting down the risks.
Start by implementing a self-hosted secure file sharing solution. Defining access rights for each employee and conveying them to the teams is equally important. Proper agreements on non-disclosure with the employees at the time of hire are also a good measure.
Make your stance clear and show zero tolerance for data theft so that employees think twice before taking such an action.
Prioritize employee monitoring
Another effective measure to deal with insider threats is by keeping a close track of employees’ activities. Monitor the changes in the IT infrastructure and be watchful about any unusual and abnormal events. You need to go the extra mile with tracking if you allow people to use their personal devices for business purposes.
Developing a BYOD (Bring Your Own Device) policy is crucial for having tight control over business data. Also, necessitate the use of strong passwords for the employees so that there are no chances of data being stolen from unprotected devices. Apart from these preventive measures, you also need a proper backup plan in case there is a breach in the future.
Manage security breaches effectively
Even if you implement the best preventive measures, security breaches are still likely to happen. You must have a reasonable and prompt action plan to deal with the situation. To start with, there must be a clearly defined procedure to investigate the incident and detect the offense before they cover their tracks.
The procedure should also cover the identification of the location of the leakage, the information lost, and the channels through which it could have been transferred. As soon as the data leak is detected, change the protection system, passwords, and account rights and privileges.
Restore backups to ensure that your systems run seamlessly. Collect the evidence and cut off the retreat possibilities of the guilty employee.
Insider threats are more serious than you may think, so it makes sense to take it very seriously no matter how big or small your organization is. Implementing the aforementioned measures is the right approach. Though it may require some investment, it is completely worthwhile for your business.