A research team has been exploring how mass layoffs and data breaches could be connected. Their theory: since layoffs create conditions where disgruntled employees face added stress or job insecurity, they are more likely to engage in risky behaviors that heighten the company's vulnerability to data breaches.
A research team has been exploring how mass layoffs and data breaches could be connected. Their theory: since layoffs create conditions where disgruntled employees face added stress or job insecurity, they are more likely to engage in risky behaviors that heighten the company's vulnerability to data breaches.
"Some companies try to be nice by announcing layoffs first, terminating access to the laid-off employees later, but that can easily open the door to cybersecurity risks -- especially if the laid-off employee is feeling vengeful," said Assistant Professor Thi Tran, who is leading the project and presented the paper at PACIS.
An IBM Cost of Data Breach report in 2023 revealed the significance of losses posed by data breaches. The report stated the global average cost of a data breach that year was $4.5 million, a 15% increase from the previous three years. "People react to triggers in their environment, such as layoffs," he added,"and that's why security problems often come from the people either inside the organization or vendors with inside knowledge of the infrastructure."
Social Psychology Perception Hacking Information Technology Encryption Surveillance Security And Defense Privacy Issues
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