A new software development company has determined that one of its proprietary algorithms is at a high risk for unauthorized disclosure. The company's security up to this point has been fairly lax. What should the company do to mitigate the risk?
1) Implement stricter access controls and authentication measures
2) Encrypt the algorithm to prevent unauthorized access
3) Train employees on security best practices
4) Hire a cybersecurity consultant to assess and improve the company's security measures