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Cyber Liability Enemy #1: Hackers or Slackers?

Cyber Liability Enemy #1: Hackers or Slackers?

When it comes to your company’s cyber security, you probably think that your biggest threat comes from hackers.  You might imagine someone in a darkened room on the other side of the world working to penetrate your company’s important data and financial records. What if a hacker isn’t your worst nightmare?  What if the cyber breach you’ve been worried about happens right in your own back yard, through your own network, at the hands of one of your employees? The threat you might not have been looking for is the Cyberslacker.  An employee using a smart phone, tablet or even a company-issued laptop or computer could be your biggest threat. What is a Cyberslacking? Cyberslacking (also known as “goldbricking” or “cyberloading”) is defined as an employee that uses company resources such as the internet for personal reasons during business hours.  This is not a new term.  Newsweek first mentioned it a 1999 article citing lost productivity. A study by the American Management Association estimated that only about half of all workplace internet usage was business related, resulting in billions of dollars in lost time and revenue.  Over the years that number has ballooned, reaching an estimated $650 billion through 2012. While lost revenue due to productivity is a huge concern, it isn’t the only concern you may be facing.  Data breaches due to cyberslacking can cause even more damage than previously thought. Some Breaches Are Unintentional Employees using company internet connections for personal use can sometimes inadvertently expose your business network to risk.  Downloading pictures or documents, even watching videos or listening to music through your network from personal...