The hidden security risks in tech layoffs and how to mitigate them

In the shadowy corners of the tech world, there are plenty of stories of admins locking organizations out of their own IT environment, greedy employees selling data, or security engineers backdooring the network. The motivations for these acts can touch on anything from financial gain to revenge, and the consequences are generally disastrous for everyone involved.

The recent tech layoffs that have swept across various industries have only heightened the phenomenon. “Very large organizations only need one poorly vetted and treated [employee] to inflict a lot of harm,” says Frank Price, CTO of CyberGRX, a company that helps organizations manage, monitor, and mitigate risk in their partner ecosystems.

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