66% of Terminated Employees Can Access Company’s Cloud Data

The struggle of employee turnover weighs on the mind of every business executive. While employees may come and go, your data is one thing that you can’t afford to lose from your business. It is surprising to learn that a significant number of terminated employees will probably leave your company with at least some corporate data.

SailPoint reports from a survey of about 3,000 employees worldwide dealing specifically with cloud computing usage: at least a quarter of your employees will take copies of corporate data with them when they leave the organization. SailPoint president Kevin Cunningham states, “The survey results are an eye-opener of how cloud applications have made it easy for employees to take information with them when they leave a company”.

This number isn’t too surprising if you really think about it. Bring Your Own Device (BYOD) policies are becoming more and more popular. Increasingly over time, employees are able to make off with copies of your business’ precious files, even unintentionally. This is now easier than ever before.

One out of every five employees intends to upload corporate data to the cloud via Dropbox, Google Docs, or another service, and share this information with those outside the organization. It’s important to realize that not all employees will do this, but it is disheartening to feel that your trusted team would consider doing so. Watch out for those few who storm out of your office in a fit of rage.

Some additional statistics from the survey:

  • Just 28 percent reported their employer’s corporate policies describe who can access mission-critical software-as-a-service (SaaS) apps.
  • 60 percent said they were aware that their employer strictly forbids taking intellectual property when they leave the company.
  • A shocking 66 percent of employees said they were able to access a business’ cloud storage applications after they left their last job.

How are you handling this issue? The potential of sensitive data theft isn’t something that should be ignored. Policies should be enacted that restrict access. Minimize the chance that a rogue employee will contribute to corporate sabotage. It’s vital that you take initiative to restrict your network from terminated employees as soon, or possibly even before, they find out they won’t be working for you anymore.

Be proactive if you’re concerned about employees leaving with your hard-earned data. If you are thinking about it after the fact – it’s simply too late.