The modern office is changing. As workplaces adopt remote work policies and work-from-home technology, more businesses are grappling with tough questions about information security. To keep both your employees and your confidential business information safe, your business must develop a comprehensive strategy to secure your private data. In this guide, our team of information security experts will share their analysis on how your business can stay protected in these changing times.
The Work-From-Home Economy
In the first quarter of 2020, a global public health emergency spurred rapid economic change, forcing businesses to rethink their on-site work policies. Within just a few months, more than 50% of all full-time employees were working remotely from home. To recap some important economic developments, surveys have shown that:
These workplace changes are reshaping the way we do business. More than ever before, companies are relying on technology to conduct videoconferences, instant messaging, and cloud computing. While these changes have led to more employee productivity in some cases, they have also led to new challenges in information security.
New Security Challenges
Chief information officers (CIOs), Chief Privacy Officers (CPOs), and Chief Compliance Officers (CCOs) understand that remote work and work-from-home policies carry an increased risk of data breaches. Every business should understand some of the important security statistics associated with remote work:
While the prevalence of remote work has skyrocketed in 2020, companies should understand the corresponding security threats. Every business should be rethinking its information security policy and investing greater resources in keeping confidential company data safe.
Physical Data Security for Remote Employees
The loss or improper disposal of physical documents and electronic devices can be a major source of data breaches. According to industry experts, more than 10% of all data breaches are caused by physical security lapses. Common sources of physical security mismanagement include the loss or improper disposal of (1) employee ID cards and lanyards, (2) physical copies of employment records, financial data, confidential communications, and trade secrets, and (3) old employee laptops, hard drives, and flash drives. The failure to properly secure and dispose of these physical instruments can lead to serious data breaches and financial repercussions.