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Wednesday 06 April 2016 6:26 pm

Cyber shock: Compliance staff perhaps the most likely to steal insider data

By: Hayley Kirton

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It's always the quiet ones, isn't it? Research seen exclusively by City PM suggests that you might want to be keeping a closer eye on your compliance staff when it comes to safeguarding sensitive information.

The report by FTI Consulting discovered that 60 per cent of compliance staff would consider taking data belonging to their employer under certain circumstances.

Feeling disgruntled topped the list of reasons why compliance staff would be tempted to take what didn't belong to them, with a quarter (25 per cent) saying they would do so if they felt they had been treated badly by their employer.

Meanwhile, 22 per cent said they would take information if they felt it would help a friend in a similar line of work, and 21 per cent said they would if faced with threats or rumours of redundancy.

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"You have to make sure and monitor that things are to ensure that this anxiety and motivation is reduced," remarked Dan Healy, head of strategy consulting and research at FTI Consulting. "So a lot of this is about treating employees appropriately."

Higher-ups are not immune from temptation to pilfer the company records, as over half (51 per cent) of management said they too would take company owned information, compared with just a quarter (26 per cent) of those in non-management roles. 

A report released by professional services firm PwC in February found that 18 per cent of fraud is now committed by a member of senior staff, up from just seven per cent in 2014.

Read more: How businesses miss the loose brick in the cyber wall

Nor are higher ups immune to a digital butterfingers moment. A study published last month by Digitalis Reputation discovered that many business leaders were leaving their company open for attack via their poor social media habits.

The report found that only half (51 per cent) of business leaders had altered their privacy settings on websites such as Facebook and just a quarter (24 per cent) regularly check what information about them is readily available online.

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