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June 3, 2009

Nearly 60% of Terminating Employees Take Company Information

Filed under: General HR Buzz — Tags: , 2:07 pm

According to a study by the Ponemon Institute, a privacy management company, entitled Data Loss Risks During Downsizing: As Employees Exit So Does Corporate Data, 59% of voluntarily and involuntarily terminating employees took sensitive information as they left their organizations.  Disgruntled employees were 2 ½ times more likely to leave with important company data.  The vast majority of ex-employees indicated that they took information to help with a new job.  Sixty-five percent took email lists, 45% non-financial business information, and 40% customer information and contact lists. Hard copy documents were the most likely to be taken followed by information on CDs/DVDs and on memory sticks.   Eighty percent of individuals surveyed indicated that they knew that taking such data was prohibited, but they did it anyway.  Interestingly, over one third of respondents reported that they could continue to access company computers for at least a week after leaving.

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