Thursday, February 26, 2009

Data Theft Common By Departing Employees

Many people who are either laid-off from their job or simply moving to another opportunity often secretly take proprietary data from their employer on their way out the door, a study released this week found.

Nearly 60 percent of employees who quit a job or are asked to leave are stealing company data, according to report by the Ponemon Institute, a Tucson based research group. The survey was based on interviews with 945 adults who were laid off, fired or changed jobs in the last year.

Seventy-nine percent of those who admitted to taking data said they did so despite knowing that their former employer did not permit them to take internal company information.

Sixty-five percent of those who took data from their former employer grabbed e-mail lists. The next most frequently stolen data included non-financial business information (45 percent), customer contact lists (39 percent), employee records (35 percent) and financial information (16 percent).

The institute's founder, Larry Ponemon, said several factors may contribute to such cavalier attitudes toward data theft, including a lack of employee loyalty and telecommuting.


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Source: washingtonpost.com
By: Brian Krebs

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