Employee fraud is not just a rare occurrence, but a prevalent issue in the American workplace. Shockingly, three out of four employees have confessed to stealing from their workplace at least once for personal gain. The types of fraud are diverse, ranging from petty theft to complex schemes involving benefits, accounts receivable fraud, or intellectual property. The risk of employee fraud affects both small and large businesses.

Intellectual property (IP) is the intangible property belonging to a company, such as its designs, creative expressions, inventions, or trade secrets. Intellectual property theft leads to serious financial damage for a company, including decreased business growth and loss of competitive edge. Sometimes, companies aren’t even aware that their IP has been stolen, making tracking IP theft difficult. Even though it’s a federal crime, only a small percentage of all IP theft cases are reported.

Could your employees be unintentionally putting your business at risk? While companies prioritize protection against external cyber threats, the often-overlooked unintentional insider threats can lead to significant financial and reputational risks for your business. These threats can come from simple human errors, such as accidental data sharing, misconfigurations, or falling victim to phishing attacks.

How safe is your business from an employee stealing data? Employee data theft refers to the unauthorized access, transfer, or misuse of a company’s confidential data by its employees. Whether driven by malice or negligence, this type of data theft poses a significant risk to your business’s security and reputation. As incidents of insider threats rise, it becomes crucial for companies to identify the warning signs and implement the necessary preventive measures.

Chances are, every single person who reads this article has experienced a type of data breach at least once: a phishing email that looked like a late bill fee that led to identity theft, an accidental email sent including proprietary company or customer data, a parent calling to ask if they should send money to a prince abroad (after the fact), or an open backpack that leads to the physical theft of a mobile device.

Already in 2024, nearly 10,000 publicly disclosed global data breaches affected hundreds of millions of user records. Apple, Meta, and Twitter all succumbed to data breaches in 2024 (and numerous times in the past), providing the public and its shareholders with a stark reminder that malicious activity constantly makes user data susceptible to cybercriminal activity, no matter the platform or level of password security.

In IT, endpoints are the physical devices that connect to a network system. In a corporate environment, endpoints include mobile devices, desktop computers, laptops, servers, and other equipment employees use to access the network and other critical digital systems. A company with fewer than 50 employees typically averages around 22 endpoints, 50-100 employees average more than 100, and companies with more than 1,000 employees average nearly 2,000.

Today, organizations are confronted with a multitude of cybersecurity risks, both from external and internal threats. The global cost of cybercrime is projected to exceed $10 trillion by 2025. In 2023, a staggering 72% of all organizations worldwide fell victim to ransomware attacks, which is just one type of threat. The reality is that cyber threats are pervasive, and the adversaries behind them are becoming increasingly sophisticated with each passing year.

It’s tempting for organizations to let employees use their devices for work. It saves money, is convenient for users, and allows corporate network access. However, “bring your own device” (BYOD) arrangements can lead to serious security risks compared to issuing company-owned devices.

Endpoint Data Loss Prevention (DLP) solutions are critical tools for organizations looking to safeguard sensitive information from insider threats, unintentional leaks, and external attacks. These solutions monitor, detect, and block the transfer of valuable data outside company networks, ensuring compliance with data protection regulations. In this post, we’ll explore the top eight endpoint DLP solutions that offer robust security features, ease of use, and integration capabilities.