Analyst fired - why is he still clicking into stuff on our drive??

A few weeks ago an analyst on our team was fired (or put on leave, not really sure). 

I have reason to believe he's still logging into capIQ and pitchbook and I can see he's still clicking into random stuff in our drive and not exiting out, which is kind of a nuissance, especially as now that I have to step into his shoes and do his job + my job as we don't have another analyst on the team at the moment. I'd imagine he still has his computer and such and hasn't returned it yet, but is there a way to prevent this? 

22 Comments
 

I work at a small boutique - don't think we have a department for that

Dude, I used to work for a 12 person AM shop.  We didn't even have HR but we had a compliance officer. (It was probably for the best that we didn't have HR, I saw at least two instances of sexual harassment first hand.  We're not going to talk about the guy with a permanent blacklist  from the SEC who was using the spare office)

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

Thanks for the suggestions. I've emailed my VP about this earlier, but didn't get any insight from her on this

 

Yes - it's a sub 20 person group and we don't have a lot of departments that larger groups would typically have

 

So, I think the biggest problem is that from a compliance perspective he can theoretically leak info or edit documents if he is angered at being fired. I can tell you that emotions are probably high for him and he likely feels anger or resentment. On the flip side and most likely, he is likely trying to prep for interviews now that he is unemployed. He likely didn’t update his resume so he is trying to download or look at information to help with recruitment. Taking photos of pitches or other information that he will forget in 1-2 months so that he can sound coherent on what he did. Either way, he should not be doing this and can get in trouble as it’s the same situation as some random person guessing a password and getting into a file or something. Contact IT and flag it as high priority so they can quickly fix it. If you use a shared CapIQ or other account, maybe change password? Otherwise his account is likely paid out for the end of the month or something.

 

If it is on a Share Drive, you can log into the Microsoft Office Share File online and limit access to people if you have controlling access or creator access to the file or folders. Don't know how IT set it up but in Security tab under preferences and settings when you right click on a document you can also do this. I would talk to IT they should of ended access to the VPN at least and his log in credentials and then hopefully you have all your files only accessible via VPN. If not there are bigger issues. 

 

They're supposed to have their access restricted for security reasons, with the idea being that while they do technically work there, they have no business purpose for accessing the docs.

This is semi-automated . . i.e. someone might need to flip a switch, but any sizable bank would have the permissions automatically revoked once that flip is switched.

If they still have access, then it means either: (i) your firm doesn't want a blanket rule because maybe there's a situation where someone on leave is needed to access docs or (ii) more likely, someone made a decision at your firm that it wasn't a priority to be A+ in security processes and some people will slip through the cracks.  In which case you should ask compliance if there is generally a rule to shut down access, and they can get it done for you.

 

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