Exercise extreme caution when terminating employees with knowledge of your IT systems. More than eight in 10 IT security professionals admitted that, if laid off tomorrow, they’d take valuable and sensitive company information with them, according to a new Cyber-Ark Software survey of 300 IT pros.
The key targeted information: the CEO’s passwords, customer database, R&D plans, financial reports, M&A plans and, most important, the company’s list of privileged passwords.
“Most company directors are blissfully unaware of the administrative or privileged passwords that their IT staff has access to which allows them to see everything that is going on within the company,” says Udi Mokady, CEO of Cyber-Ark.
Advice: Routinely change passwords, especially after dismissing IT workers.
- Avoid a wrongful termination lawsuit
- Weigh employee's good-faith intentions before contesting unemployment benefits
- Retaliatory job reference is illegal even if a person's hiring was unlikely
- Beware: You're now strictly liable for supervisor harassment
- You find an employee's résumé on a job web site—Now what?