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.
- How to Fire an Employee the Legal Way: 6 Termination Guidelines
- Simply failing to find work doesn't prove defamation
- Make sure post-firing documentation doesn't pile on extra reasons for termination
- Independent investigation key to clean terminations
- Call lawyer when changes mean employees must sign releases