40 Percent Of Corporate Employees Steal Data From Previous Jobs

A survey conducted by the security company Cyber-Ark has surprisingly revealed that every 4 out of 10 people working in financial institutions in the US and UK have confessed taking sensitive company data from their previous jobs to their new ones.

The information security company quizzed 600 workers at London's Canary Wharf and New York's Wall Street, inquiring about their views on corporate data and found that 41 percent of them had taken data from one job to another. It was also found that a third of them will have no qualms about stealing corporate data to help a family member or friend get a job.

It was discovered in the survey that the most sought-after information to be stolen was the customer and contact details; it was followed by business plans and proposals. Product details came third on the list while the most favoured mode of stealing information turned out to be the USB memory sticks.

It was also revealed that 85 percent of the workers surveyed were very much aware that it was illegal to download corporate data but still chose to do it.

Cyber-Ark director Mark Fullbrook commented that even as the economy was recovering from recession, these results prove that employee confidence has been severely shaken and they are willing to do nearly anything to ensure their job security.

Our Comments

Such reports are not surprising given the fact that it is now extremely easy to copy and transfer the entire content of a server on a device smaller than a thumb drive. A few decades ago, stealing content would literally mean taking away truckloads of documents and sifting through them. That is no longer the case.

Related Links

Workers would steal data to help their friends into work

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Employees ready to steal data during economic crunch

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Recession could cause employees to steal data to help themselves or others

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Survey: Data theft on the rise

(Boston Business Journal)