Tag Archives: Sensitive Information

Data loss, one of the most detrimental disasters, can affect any company, regardless of its size, industry, or location.

When a corporation is hacked, employee data and records are a prime target for thieves. Contact information, social security numbers, and bank and investment account data are all at risk when a person’s privacy is violated in this way.

The consequences of employee data loss

The price tag of fixing a data breach can skyrocket when you factor in the possibility that disgruntled workers could sue their employer for failing to protect their privacy. A company can be held liable for human resources violations and union complaints if an employee can prove that their privacy was breached.

On top of the obvious monetary costs, a company’s reputation may be damaged, making it difficult to hire new employees in the future. Furthermore, if you cannot demonstrate sufficient protection of employee assets, you risk losing some of your current talent.

Companies would be sensible to take all necessary measures to protect themselves against cyber attacks in the modern day. To prevent legal repercussions and to maintain your company’s credibility, you should treat employee data and HR information with the same level of secrecy as you do with your client’s data.

Data loss prevention best practices

1. Back up your data

Backing up is the most basic way to prevent employee data loss, yet many people and businesses overlook it. If your computers crash, or if there’s a power surge, backups are the only way to prevent data loss.

Whether you back up on a local or cloud-based device, make sure you back up regularly. It’s a good idea to have a backup plan in the event of a fire, flood, or theft, too.

2. Stay current with updates

Although it can be tedious, you should always keep your software up to date. Software updates happen for a reason, and they often contain important security patches that protect your devices against the latest security threats.

Furthermore, it’s a good idea to keep your operating system and other software up to date. Many programs will automatically update, but you may have to check manually.

3. Change your passwords periodically

Your company’s network security is only as strong as the passwords that are protecting it. You should change your passwords on a regular basis, perhaps even monthly, to make sure hackers don’t have the upper hand.

Consider using strong passwords or passphrases, which are longer passwords that contain both capital and lowercase letters, numbers, and symbols.

Password managers are another valuable tool. They can help you create and keep track of various passwords and passphrases for different accounts, such as your email, bank account, and social media accounts.

4. Implement encryption

Encryption is another way to protect your employees’ information. Encryption scrambles data so that only people who are authorized to see it can.

A regular consumer-grade firewall is not strong enough to protect sensitive data, so you should consider investing in an encryption program.

5. Archive data when necessary

Your DLP plan should include guidelines for when and how data is archived. Ideally, data should be archived when it’s no longer needed. Data that is no longer relevant can include documents, such as employee records, and emails, such as unnecessary correspondence.

Moving your data to a cloud archive will free up space on company devices, and will give hackers less of an incentive to attack your company.

6. Invest in anti-virus software

Many malware programs are disguised to look like helpful software. By downloading these programs, you could inadvertently expose your company to the possibility of data loss.

It’s important to be vigilant about what you download onto company devices and to invest in anti-virus software that can catch malware before it has a chance to do harm.

7. Limit access to sensitive information

Although having multiple people access your employee data can be helpful, it can open you up to potential security risks.

Make sure sensitive employee data, such as social security numbers and salaries, is only accessible to those who need it.

8. Educate employees

Your employees should be aware of how to protect company data. Whether it’s through email or in-person meetings, make sure you educate employees on the proper protocols for maintaining data security.

Employees should be trained in how to identify phishing emails, and how to avoid fraudulent websites.

9. Automate as much as possible

Automating processes is one of the best ways to keep employee data safe. Human error is a leading cause of data loss, so automating processes will reduce the number of mistakes that can be made.

For example, consider implementing an HR system that automates all employee processes, such as payroll. You’ll be able to keep all sensitive employee data in one place so that you can keep track of it.

Over to you

Whether you’re a large corporation or a small local business, you should make employee data a priority.

Protecting employee data is not just an ethical issue; it’s also a legal one. Failing to protect your employees’ information could open you up to costly lawsuits.

By following the steps listed above, you can prevent employee data loss.

* This articles is written by Mina Klein. Mina is a passionate tech and business blogger. She is interested in topics that cover data regulation, compliance, business communication, digital marketing, and social media.

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