It is required that you obtain social security information on all employees, spouses, children that are part of the benefit plans. This information is required by law to be protected and your company will be held liable if it is accessed or disclosed.
Personal information is collected in the application, drivers license number, date of birth, social security number. These are pieces of personally identifiable information that are required to be protected.
Information such as drivers license number, date of birth, name and address are required to run the check. This is private information that needs to be protected.
This information needs to be protected no matter the format in which it is stored.
Risk to the business is the same whether the information is stolen electronically, by physical theft, office break-in, or
Credit card numbers continue to be a target for criminals. All businesses that store, process or transmit cardholder data are required to follow the PCI DSS security standards. The use of their party processors does not eliminate obligations to protect cardholder data.
Bank information is a target for criminals using various phishing email attacks.
Business associations and vendors are the cause of over 20% of data breaches.
The theft of confidential business information, including intellectual property of valued customers can be catastrophic for a business.
Government regulators, including the Office of Civil Rights (HIPAA), and the FTC, along with the Payment Card industry and other industry-specific bodies can fine/penalize companies following the breach of protected information.
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