IT Security: Automation, Job Displacement, and Security Risk
This IDC study discusses the trends in job displacement based on automation and the types of jobs likely to be affected. It draws a direct connection to the impact this displacement could have on security and data breaches, if handled poorly. The study explores the broad steps that companies must take to detect, prevent, and mitigate breaches in light of employee displacement and finally examines the cost justification of retraining employees.
Recent studies have shown a "hollowing out" of the job market: low-end, low-skilled service jobs continue to grow and high-end, high-skilled managerial and knowledge jobs remain, but the erosion of midlevel clerical and administrative jobs is accelerating. So what happens to these at-risk employees? Can they be retrained to fill some of the new jobs that are being created by digital transformation? Who will provide the training required?
Well, perhaps the answer is risk management. Cybercrime and data theft are growing rapidly, and while the staggering cost of incidents makes big news, 73% of global data breaches are actually caused by human or system error. Human error or "insider threats" fall into two categories: unintentional and malicious. An important question to ask is: Will disgruntled employees resort to malicious threats to exact revenge on their uncaring employers?
"Compared with the cost of a data breach or cyberinsurance, retraining potentially displaced employees presents an attractive addition to risk management efforts," says Mike Rosen, research VP with IDC's IT Executive Programs.Please Note: Extended description available upon request.
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