When an employee leaves or is let go from your company, your first priority may be hiring their replacement or delegating their day-to-day workload. But protecting your company should be at the very top of your to-do list when an employee leaves.    

It’s essential that companies adopt a series of protocols to ensure best business security practices. Most employees have varying levels of networked access to relevant company documentation. Being able to control these access points during an employee's exit will keep your company protected from any form of disgruntled retaliation or loss of competitive information.

Here are five critical aspects of an effective cybersecurity protocol that should be followed when addressing employee turnover.

Most organizations today recognize the importance of developing secure business systems and networks to protect their digital assets from malicious outside sources. By 2021, cybercrimes are expected to cause $6 trillion in damages annually, and businesses are wise to take seriously how this growing trend can impact their futures.

However, while companies invest in cybersecurity protection solutions to combat these unknown external forces, many businesses neglect to notice one of their most significant data security vulnerabilities - their own employees.

Modern workplace environments have changed considerably over the last few years. Today, companies are desperately striving to create flexible and inviting office settings for their employees with the ultimate goal of improving job satisfaction and increasing staff retention rates. One of the ways employers can do this is by incorporating a BYOD (Bring Your Own Device) policy in their organization.