Personal employee information leakage is least disclosed breach, finds survey

Personal employee information leakage is least disclosed breach, finds survey

FPJ Web DeskUpdated: Tuesday, November 30, 2021, 01:01 PM IST
article-image
While organizations regularly face employee data leakage, almost half of them (45 percent) prefer not to disclose these incidents publicly, according to Kaspersky Employee Wellbeing 2021 report. | File photo

While organizations regularly face employee data leakage, almost half of them (45 percent) prefer not to disclose these incidents publicly.

Staff may lack basic cybersecurity knowledge to protect themselves as only 44 percent of businesses offer IT security training, according to Kaspersky Employee Wellbeing 2021 report.

Technology is important to prevent cyberattacks but human factors still play a crucial role, being tied to 85 percent of incidents. In 2021, more than a third (35 percent) of organizations weren’t able to provide complete security of their workers’ data and faced incidents involving this type of information. According to the survey, it is surpassed only by customers’ personally identifiable data (43 percent).

The fact that 45 percent of affected organizations haven’t disclosed a breach of personal employee data publicly is a sign that the problem is bigger than it seems. As for the rest, 43 percent have shared information about an incident proactively and 12 percent did so after it has been leaked to the media. This shows that this type of leak is the least frequently disclosed, compared to corporate or customer data breaches.

“When an organization faces a cyber-incident, correct crisis communications are no less important than response and recovery actions. There are ever-present risks of data breaches, and businesses should acknowledge that proactive disclosure is preferable to an exposé in the press,” said Evgeniya Naumova, Executive Vice President, Corporate Business, at Kaspersky.

“Appropriate, accurate, and timely communications, however, not only minimize the potential reputational damage but can also greatly mitigate direct financial losses. To avoid panic or confusion, a company needs to consider developing a clear crisis plan and train employees in advance. Corporate communications professionals and IT security teams should collaborate to exchange information on cybersecurity insights and determine guides, tools, channels, and language that might be helpful to accurately handle both internal and external communications in case of an emergency,” Naumova said.

Only 44 percent of organizations have already implemented security education and training to ensure that employees are provided with crucial information. In addition, more than a half (64 percent) of those companies have experienced at least one issue relating to the quality of these services. This includes dissatisfaction with the high complexity of courses and a lack of support or expertise on the part of the training provider.

Employees that had not been provided with basic knowledge about the importance of protective measures, can’t be expected to follow the rules, the survey said.

In 2021, compliance of staff and dealing with insufficient end-user security culture is one of the top three biggest concerns for businesses when it comes to IT security – 42 percent of respondents cited it among the most alarming issues. In practice, companies regularly face informational security infringements (41 percent), inappropriate IT resource use (42 percent), and improper sharing of data via mobile devices (38 percent).

Kaspersky suggested:

Ensuring prompt patching and updating of software to prevent adversaries penetrating the system.

Implementing high-grade encryption for sensitive data and enforcing strong credentials and multi-factor authentication.

Using effective endpoint protection with threat detection and response capabilities to block access attempts, and managed protection services for efficient attack investigation and expert response.

Minimizing the number of people with access to crucial data.

Equipping your employees with the cybersecurity skills they need.

RECENT STORIES

Coromandel International Q4 Profit Falls 33% To ₹164 Cr On Lower Income

Coromandel International Q4 Profit Falls 33% To ₹164 Cr On Lower Income

PM SVANidhi: Centre Paid ₹147.82 Crore In Interest Subsidy On Loans

PM SVANidhi: Centre Paid ₹147.82 Crore In Interest Subsidy On Loans

'It Levels The Playing Field': After Old Video, Nikhil Kamath's Article Supporting Inheritance Tax...

'It Levels The Playing Field': After Old Video, Nikhil Kamath's Article Supporting Inheritance Tax...

Rupee On The Rise: Expert Forecasts Appreciation To ₹82-82.50 In FY25

Rupee On The Rise: Expert Forecasts Appreciation To ₹82-82.50 In FY25

Tech Mahindra Net Profit Tanks 41% To ₹661 Cr In Q4FY24

Tech Mahindra Net Profit Tanks 41% To ₹661 Cr In Q4FY24