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3 Types of Employee Surveillance That Defeat Insider Theft and Fraud

Byadmin

Mar 1, 2024
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Now that information is power and data breaches can spell disaster, safeguarding your company’s assets from insider threats is paramount. Employee surveillance has become a necessary tool for many businesses to protect sensitive data and prevent insider theft and fraud. According to a study by the Association of Certified Fraud Examiners, insider fraud accounts for nearly 30% of all fraud cases, highlighting the urgent need for effective monitoring strategies.

Types of Employee Surveillance That Defeat Insider Theft and Fraud

1.  Employee Computer Monitoring

employee computer monitoring is a proactive approach to tracking employee activities on company devices, including desktops, laptops, and mobile devices. By implementing robust software solutions like Controlio, businesses can gain insight into employee behavior and detect any suspicious activities that may indicate potential insider threats. Controlio provides real-time monitoring capabilities, allowing employers to observe employee desktop screens, track keystrokes, monitor internet usage, and even record employee activity for later review. With features like application tracking and website blocking, Controlio enables employers to enforce company policies and prevent unauthorized access to sensitive information.

According to a report by Statista, 80% of data breaches involve the abuse of privileged credentials or insider negligence. Employee computer monitoring serves as a crucial line of defense against such incidents by identifying risky behaviors and enforcing security protocols.

2. Video Surveillance

Video surveillance is another effective method of employee surveillance that deters theft and fraud in the workplace. Installing security cameras in key areas of the office, such as entrances, exits, and high-risk areas, allows employers to monitor employee activities and identify any suspicious behavior.

Video surveillance systems like Controlio’s CCTV cameras provide high-definition footage that can be accessed remotely, giving employers the flexibility to monitor their premises from anywhere at any time. In addition to deterring theft and fraud, video surveillance also helps resolve disputes, improve employee productivity, and enhance overall security measures. According to a study conducted by the US Chamber of Commerce, 64% of small businesses experience employee theft, with an average loss of $20,000 per incident. Implementing video surveillance not only reduces the risk of theft but also provides valuable evidence in any legal proceeding.

3. Data Loss Prevention

Data loss prevention (DLP) is a proactive approach to safeguarding sensitive data and preventing insider threats. By implementing DLP solutions like Controlio, businesses can monitor and control the flow of data across their network, ensuring that confidential information remains secure and protected from unauthorized access or exfiltration. Controlio’s DLP features enable employers to create policies that restrict the transfer of sensitive data, detect unusual file activity, and block unauthorized access to confidential information. By monitoring endpoints, network traffic, and communication channels, businesses can identify and mitigate insider threats before they escalate into costly data breaches.

Conclusion

Employee surveillance plays a crucial role in safeguarding businesses against insider theft and fraud. By utilizing tools like Controlio’s employee computer monitoring, video surveillance, and data loss prevention solutions, businesses can proactively detect and mitigate insider threats before they cause significant harm. With the ever-increasing prevalence of insider fraud, investing in robust surveillance measures is essential for protecting sensitive data, preserving trust with customers, and maintaining the integrity of your organization.

By admin

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