Hiring young employees can bring fresh talent and innovation, giving your company an edge over your competitors. But that edge can quickly be erased, as young workers also bring additional technology risks. According to the 2011 Cisco Connected World Technology Report, a study involving almost 3,000 college students and young professionals under age 30, 70 percent of young employees frequently ignore their company’s information technology (IT) policies.
Generation Y, generally those born in the early 1980s to late 1990s and also known as the “Net Generation,” have grown accustomed to sharing everything about their personal lives on Internet sites such as Facebook® and YouTube®. This poses a dilemma for an employer: If young employees don’t safeguard their own personal information, how can you entrust them with your company’s sensitive data? Companies with the need to be Internet-savvy must hire young talent…but are these employees worth the risk?
The Cisco report cites 80 percent of young employees think their company’s IT policy is outdated or they don’t even know about it. Additionally, 25 percent of those in the study had been a victim of identity theft before age 30.
Why are young employees negligent about IT security? The study found that some young employees’ attitudes and beliefs towards IT policies include:
80 percent of professionals under age 30 think their company’s IT policy is outdated or they don’t even know about it.
Young employees can compromise IT security by leaving their computers or other personal devices unattended, increasing the risk that that both the equipment and company data could be lost, stolen or misused. Sending work-related emails to personal email accounts, and using computers and social networking sites for both work and personal reasons can also compromise IT security. Generation Y workers are more apt to blur the line between using IT for both personal and work-related purposes, which can increase the risk of negligence.
Consider that not only young employees, but all employees can compromise IT security in the following ways:
Employers shouldn’t necessarily prohibit employees from using technology, as this list includes many tools they need to get the jobs done. It’s important to know the risks and educate young employees to use the technology properly.
Employers must find the balance between allowing young employees to use social networking websites and portable devices to do their jobs, while at the same time protecting company information. Employers should examine their exposures and consider what level of risk they are willing to accept. Other special considerations for managing young employees and mitigating the risk include:
Contact ECBM, LP for more information on how to avoid IT security risks.
This Risk Insights is not intended to be exhaustive nor should any discussion or opinions be construed as legal advice. Readers should contact legal counsel or an insurance professional for appropriate advice. © 2012 Zywave, Inc. All rights reserved.