Why you need employee monitoring software for protection against insider threats and data loss prevention
Employee monitoring may seem draconian, but the reality is that we don’t live in a perfect world. Insider threats, data breaches, and bad actors are everywhere — and they are affecting companies worldwide at an alarming rate. Joining a long list of victims – including AOL, Equifax, and the US government – Tesla are the latest to find out the hard way that a company can never have too many security measures in place. In a world where companies can be gravely affected by something as common as a disgruntled worker, the need for employee monitoring has never been greater.
“Most of the time, when there is theft of goods, leaking of confidential information, dereliction of duty or outright sabotage, the reason really is something simple like wanting to get back at someone within the company or at the company as a whole,” Elon Musk wrote in an email to his employees.
KnowIT is designed to protect against insider threats like these and is poised to help keep your business safe.
Let’s take a look at the top five reasons every company needs employee monitoring software.
5 Reasons You Need Employee Monitoring Software
- Protection Against Insider Threats
No manager wants to learn that someone he or she hired is responsible for the theft of intellectual property, sharing corporate secrets, or sabotaging the core business. However, as was the recent case with Tesla, something as simple as an employee not receiving a promotion can turn into something catastrophic for your business.
With KnowIT, employee monitoring is easy and can be tailor-made to your business needs. Learn exactly how your staff are using their company devices, monitor websites and computer applications, and set alerts to flag keywords, distrustful activity, or potentially harmful employee behaviour.
- Data Loss Prevention
Appropriate data loss prevention measures need to be taken to protect confidential information, intellectual property, and corporate know-how. Employee monitoring gives you the ability to see exactly which files have been opened or modified, if and where they have been moved, what information has been shared, and who is responsible for these actions.
Tracking this information lets you see who has access to which files, directories, and network drives, so that you can implement necessary employee security restrictions before it’s too late. In the case of employee monitoring, prevention is the best protection.
- Theft Protection for Source Code
Employee monitoring can go beyond standard data loss prevention by allowing you to monitor any changes to your company’s source code. For software developers, e-commerce sites, or any business whose intellectual property lies in their own proprietary software this is hugely important. You can even track emails, USB usage, and cloud storage to ensure any insider threats to your source code are flagged for further investigation and handling.
- Improved Productivity
The Society for Human Resource Management found that more than 50% of employees cite poor management as an obstacle to their productivity. Therefore, providing employees with accurate productivity metrics, performance comparisons, and KPI measurements is essential to ensuring your employees are aware of and able to achieve their goals.
Employee monitoring not only provides tangible data that can be used for management reviews and performance feedback, but also information regarding social media, web, and chat application usage to keep time wasting to a minimum and productivity to a maximum. Your team will appreciate your proactivity and be motivated to improve their performance (and time management) based on these employee monitoring reports.
- Complete Business Coverage
Whether your company uses PC, Mac, iPhone, Android, or tablet devices, the best employee monitoring solutions will work across all platforms. Get notified when data security has been breached, know exactly which team member accessed which device, and transfer licenses between devices or during staff transition periods. With cyberattacks, insider threats, and all the other perils associated with the digital era, it is extremely important that you have access to all data across all platforms and devices to ensure your hard work is not sabotaged; because as we learned from Elon Musk, even the smallest of issues can become what makes or breaks the success of company.
Employee Monitoring: Don’t Let Tesla Happen To You
Ensure your company is secure by choosing the best employee computer monitoring software for your business needs. KnowIT provides each of the monitoring features mentioned above and more – and you can try it for free!
What are you employee monitoring strategies?
Let us know in the comments below how you keep track of employee productivity and what strategies you have for data loss prevention and stopping insider threats at the workplace.