What is the weakest link when it comes to data security?

A recent report published by nCipher confirms what many business owners have known for a long time.  Their employees are the weakest link when it comes to data security.

The nCipher report, however, adds a disturbing exclamation point to the data with a few details you're likely to find shocking.

First, fully 71 percent of C-Suite employees surveyed in the UK would knowingly and willingly cover up a data breach if doing so meant escaping the fines associated with it.  This, contrasted with just 57 percent of managers and directions.  The latter number is still distressingly high, but nothing compared with the C-suite.

Second, don't make the mistake of thinking that it's just the people you have installed in the corner office that are willing to put your business at risk. A disappointing 25 percent of office employees indicated that they'd be willing to sell corporate information for as little as £1000, with 5 percent of office employees saying that they'd simply give it away for free.  10 percent said they'd need at least £250 to make it worth their while.

Deep Secure, had this to say on reading the report

"The cost of employee loyalty is staggeringly low.  With nearly half of all office workers admitting they would sell their company's and clients' most sensitive and valuable information, the business risk is not only undisputable but immense in the age of GDPR and where customers no longer tolerate data breaches.

Given the prevalent use of digital and cyber tactics to exfiltrate this information, it's critical that businesses invest in a security posture that will help them both detect and prevent company information from leaving the network."

Our perspective

Wise words indeed. Unfortunately, given the realities above, that means keeping a closer eye on your own people.

Meanwhile, check out this report

This free executive report may give you insights into how to build your business with safe IT environments: 10 Hidden IT Risks That Might Threaten Your Business and 1 Easy Way to Find Them

The author

Thanks for reading this short post. For more tips on thriving with small business technology, check out the other blog posts at DWPia Blogs. I am also available on LinkedIn, Facebook, and Twitter.

Cybersecurity Expert, Small Business Technology Consultant, Managed Services Provider, Managed IT SupportI am Denis Wilson, President and Principal Consultant for DWP Information Architects. I help professionals grow their business by building a foundation of rock-solid information solutions for smaller healthcare, insurance, financial, legal, and nonprofits firms in Ventura County and San Fernando Valley. And have created cost-effective IT solutions, for over 20 years, specializing in cybersecurity and regulatory compliance. I am also a published author and speaker, working extensively with a variety of organizations, as well as providing small business technology education programs through business and professional associations. This just in: I will be speaking regularly at California Lutheran University's Center for Nonprofit Leadership starting soon.

Contact me if you would like me to speak at your association.