- Departing employees pose the biggest insider threat to data loss, as 60% admit taking data when leaving and 70% do so in the 30 days before resigning.
- Existing prevention methods like DLP fail to stop insider data theft, with 90% of data loss from departing employees going undetected for months.
- Code42 provides next-gen data loss protection to quickly detect insider threats like employee data theft upon resignation, allowing organizations to respond before damage is done.
4. Employees
are “looking”
The grass is always greener
50%of the labor force is
looking for a new job
HalfOf job seekers have
been at an employer
for less than 1 year
TREND
5. TREND
More employees
are quitting
Employee quits have risen every
year for the past decade –
totaling 40M in 2018.
1 in 4members of the labor force
quit to go to another job
22.0
23.5
25.1
27.6
30.5
33.7
36.3
38.2
40.0
20
25
30
35
40
2010 2011 2012 2013 2014 2015 2016 2017 2018
Source: U.S. Bureau of Labor statistics
6. TREND
Quitters
are taking
The brutal truth
60%
70%
66%
of departing employees admit to taking
company data.
of IP theft happens in the 30 days
before an employee announces their
resignation.
of departing employees said they did it
to help them get their next job.
9. Why? Because…
Data is more
portable than
ever
Data loss
detection is
lacking
Employee
loyalty is
declining
Employee
quits are
growing
Quitters
are taking
data
10. We don’t have a departing
employee workflow.
Yet most companies say…
11. In fact, less than 20% of large
enterprise companies have a
well defined incident response
scenarios for insider threat.
13. It’s a growing
market problem
Correlation or Causation –
it doesn’t really matter
+ Data portability is accelerating
+ Data loss detection is lacking
+ Employee loyalty is declining
+ Employee quits are growing
+ Quitters are taking data
No wonder insider
threat is on the rise
19. You don’t know…
data you have whereWhatWhatWhatWhatWhatWhat
WhatWhatWhatWhatWhatWho
WhatWhatWhatWhatWhatWhen
data is leavingWhatWhatWhatWhatWhatWhat
has or had what data
data is leaving
20. The Root Cause
A data visibility gap
in the security stack.
“Prevention
isn’t enough”
[ the gap ]
Identify Prevent Detect Respond Recover
Data Identification &
Classification
DRM &
Encrypt
Data Loss &
PreventionData
Network Firewall
Next-Gen Firewall
Network DLP
Identity
User
Authentication
Identity & Access Management
(IAM)
Application Cloud Getaways
Cloud Access Security Brokers (CASB)
Integrated DLP (G-mail, O365, etc)
Device
“Legacy Antivirus”
Endpoint AV
“Next-Gen AV”
Endpoint Detection & Response (EDR)
26. That Feeling When
You Save
the Day-ta
Proudly protect company data.
Fast and simple insider
threat protection.
27. Departing employees is your single biggest insider threat to data loss.
Last year, 40 Million people changed jobs. 60% of them admit to taking data when they leave and 70% do it 30 days
before they quit. Prevention will fail. Data will get out. 90% of data loss when employees quit goes undetected for
months. By the time you find out about it – the damage is done and you're wrapped up in a lawsuit. Our job is to
make sure you’re not blindsided by it. We provide real time detection and response so you can remediate before
damage is done.
Code42 specializes in next-gen data loss protection. Our Customers know when they are bleeding data when an
employee quits. We help them setup a process to quickly detect employee data theft and take action before it's too
late. Their old employee off boarding process made sure departing employees turned in their badge and laptop. With
Code42, they now make sure employees don’t take company data on the way out.
Learn more about us at www.code42.com
