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Fire Employee

3 Essential Steps Before You Fire an Employee

Your employees need access to your various business accounts so they can do their job, but what happens to those passwords when you fire them? Nobody likes to think of firing their employees, or why you’d need to, but nonetheless, it’s a responsibility every business owner must face at some point. While your accounts team will no doubt be on top of stopping their paychecks, it’s important to take the same proactive stance to strip their system access.

Most of the time, the former employee leaves under good terms and you’ll wish them well. If you’re lucky, they’ll even manage hand-over to their replacement so your productivity losses are minimal. Other employees may leave your business reluctantly or in a storm of anger and suspicion. While you’ll have very different feelings about the two scenarios, the risk to your business remains high until action is taken. Here are 3 steps you can take to protect your business from retaliation and other password-related disasters.

Limit access to a need-to-know basis

You might be surprised how often a new employee is presented the entire business on a platter when their actual job requires little more than a computer login. Accounts, strategy, customer details, industry secrets…all those sensitive aspects of your business that have made it a success – exposed. A better policy is to limit access to only what the employee needs to do their job. Rather than view it as a lack of trust, your employees will appreciate the care you’ve taken to protect your business (and their job). It also helps keeps them from being overwhelmed, confused or tempted if the situation ever turns sour. Likewise, take a few moments to delete old or temporary accounts that are no longer required, as you never know when a hacker or disgruntled employee will squeeze through the gaps.

Change passwords fast

On average, it takes at least a week before passwords are changed after an employee is fired, if at all. Unfortunately, this is the one type of delay your business can’t afford. In 2017, an ex-employee from the American College of Education held their entire email system to ransom for $200,000 after an unhappy exit. Stories of others stealing client databases are also common, especially as they leave to start their own business or work for a competitor. It’s not just full-time employees either, contract and part-time employees such as social media managers and customer support email specialists often have access to more of your business than you might imagine. Recent rulings make it easier for business owners to prosecute former employees who access their systems, however as we know, it only takes seconds to login and wreak absolute havoc. Knowing you can force those bad eggs into a lengthy court case is poor comfort considering the extent of damage you’ll likely endure. The best option is to change passwords fast – even before your employee knows they’re fired. This lessens the chance of revenge attacks and opportunistic access.

Use a password manager

If you have good password manager like LastPass, reducing your risk becomes mostly automated. You’ll be able to keep your logins in a central vault that only you can see, and share based on business roles/need. There’s even an option to share passwords without letting employees see them in plain-text. Instead of writing passwords down somewhere and manually entering them each time, they’ll be able to connect securely with a click. Plus, you can revoke the share at any time. If their role changes or they’re fired, you can use the dashboard to see who is having access to what and add/revoke at will. If you’re not sure what that employee has been up to, you can also generate reports of their history.

We can help you set up password management and lock down your network. Call us at 570-779-4018!

6 Simple Tips to Protect Your Customer Data

As cyber-attacks continue to make headlines, hackers are exposing or selling customer data files in record numbers. But just like with any threat, there are actions you can take to minimize risk and ensure your business retains a positive reputation among customers.

  1. Stop using the same password on repeat. Set a mandate for all staff that passwords must be unique for each user and for your workplace. That means it can’t be remotely like the one on their home PC, tablet or online banking. Passwords are hacked more than ever, so when you’re prompted for a password change, dig deep and really think about what goes into a hacker-proof password. If remembering them is a problem, consider one of the latest password management tools.
  2. Go on a shredding spree. How much sensitive data is being dumped into the recycling bin? Valuable customer data is often taken from the bins of small businesses and quickly sold or published. It’s not just good practice to shred sensitive documents, it’s the law. Take 5 seconds to run documents through the shredder or book in the services of a secure shredding company.
  3. Ditch the accounting spreadsheets. Still using an Excel doc for all your number-crunching? Besides making your accountant’s job harder (and more expensive), you’re opening your business to a massive range of vulnerabilities. Even with password-protection, spreadsheets aren’t designed to safeguard your financials or those of your clients. Upgrade to a proper accounting solution with built-in customer data protections and security guarantees.
  4. Train staff explicitly. You can’t rely on common sense because what you think is a given might be news to someone else. It can be extremely beneficial to hold special data-safety training sessions once or twice a year as a reminder, as well as take the time to induct new staff into the way things are done.
  5. Limit access to data. Just like the bank manager who guards the keys to the vault, you can limit who accesses your data. Revoke employee access as soon as they leave your business for good, and set rules around who can access what – and when. Do they need access to sensitive information while working from home? Should they be able to change the files, or only view them?
  6. Keep your software updated. Possibly the most preventable hack, having outdated software can be an open invitation for cyber-criminals. They look for known weaknesses in business software and waltz right in. While the nagging pop-ups and reminders to update can feel like a selling ploy, they’re actually helping your business to stay in the safe zone. Updated software gives you protection against new viruses and hacking techniques, plus closes off those nasty weaknesses.

If you would like to make sure your business is secure from data breaches, give us a call!