All companies are at risk from insider threats, be they from disgruntled employees stealing and selling data or taking contact lists. Cybersecurity expert Kurt Long provides some advice to companies so they can take measures to protect themselves.

The insider threat is more complex than ever. This can arise from a disgruntled employee seeking revenge on employers by stealing and selling data on the dark web or taking customer contact lists. This means organizations find it increasingly difficult to stop soon-to-be former employees from walking out the door with sensitive data.

Given that January is the most popular month for employees to look for a new job, how can companies protect data during employee turnover? FairWarning founder and CEO Kurt Long, an expert in cybersecurity and security intelligence, provides Digital Journal readers with some pertinent advice.

Digital Journal: Kurt, how big a threat does cybersecurity pose to companies?

Kurt Long: Cybersecurity and insider threats have the ability to cause irreparable damages to businesses in 2018. According to a report by Ponemon, insider threats cost organizations $4.3 million on average. In fact, 60% of all cybersecurity attacks are caused by employees inside an organization. Insider threats are most often linked to data breaches resulting in lost revenue and long-term reputational damage.

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