Woburn, MA – October 11, 2022 — / BackupReview.info / — A Kaspersky study on the behavior of small and medium businesses during crises shows staff reductions may cause additional cybersecurity risks. Over half (56%) of the organizations’ leaders surveyed are confident that their ex-employees don’t have access to company data stored in cloud services, and just 60% are sure that former workers can’t use corporate accounts.
According to studies team retention was the top priority for almost half of organizations throughout the pandemic with many businesses resorting to job cuts in order to reduce costs. Kaspersky surveyed more than 1,300 business leaders in small and medium-sized organizations to learn what tactics they chose to keep their business afloat, and what cybersecurity risks anti-crisis measures could bring.
Given that almost half of respondents couldn’t confidently claim that their ex-employees didn’t have access to their company’s digital assets, reductions in staffing may put the safety of data and company livelihood at additional risks. Ex-employees misuse of data in new jobs or to drum up business for themselves were major concerns for bosses.
In the U.S., the survey results suggest that most business leaders worried that former employees will share the company’s internal data with new employers (48%) or use corporate such as previous client databases, to launch their own business (50%). Overall, 31% of respondents consider reductions in employment as a possible measure to cut costs in case of a crisis.
Other popular cost-cutting steps include a decrease in spending for advertising and promotion (39%) and reductions in employment (31%). Cybersecurity, on the other hand, appeared not to be an area of the business where leaders would prefer to save budget at only 15%.
“Unauthorized access can become a huge problem for any business, affecting the competitiveness of a company when corporate data is transferred to a competitor, sold off, or deleted,” explains Alexey Vovk, head of information security at Kaspersky. “This problem becomes more complicated when employees actively use non-corporate or “shadow IT” services which are not deployed or controlled by corporate IT departments. If the usage of these services is not managed after an employee is dismissed, there is little chance that access to information shared via these applications will be shut off for a former worker”.
To be sure that uncontrolled accesses and shadow IT won’t affect your company’s efficiency and security, Kaspersky recommends the following steps:
For more actionable recommendations on how to protect your business without additional expenses please visit Kaspersky Cybersecurity on a Budget Hub — https://www.kaspersky.com/blog/budget-cybersecurity/
The full report and more insights on small and medium businesses crisis attitude and tactics is available via the report — https://www.kaspersky.com/blog/smb-cyber-resilience-report-2022/
About Kaspersky
Kaspersky is a global cybersecurity company founded in 1997. Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative security solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection and a number of specialized security solutions and services to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and we help 240,000 corporate clients protect what matters most to them. Learn more at usa.kaspersky.com
Media Contact:
Cassandra Faro
Cassandra.Faro@Kaspersky.com
781-503-1812
Source: Kaspersky
Tags: Kaspersky
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