This report comprehensively analyzes the security and privacy risks associated with employee data, particularly in the context of a Software as a Service (SaaS) environment. It identifies existing threats such as data access risks, instability, lack of transparency, identity theft, and malware attacks, evaluating their likelihood, impact, and priority. The report then assesses new security threats arising from the adoption of SaaS, including immature identification management, weak cloud software standards, data security issues, risky access from various locations, and unknown data locations. Furthermore, it delves into privacy threats, such as the need for high-speed internet, loss of employee freedom, and lack of software control. The analysis includes detailed descriptions of each risk, along with preventive actions and contingency plans. The report emphasizes the importance of data security and the need for robust measures to protect sensitive employee information, offering insights into the practical aspects of data security management and mitigation strategies.