Posted: September 12th, 2022

Identity Theft

Identity Theft
What steps would you take at your current or future job to ensure that personal information, such as human resources or customer information, is not compromised?
Do companies have a responsibility to disclose identity-theft breaches that occur in their organizations?
Present a strategy for educating a user about avoiding e-mail risk without saying, “Do not open an e-mail from someone you do not know.” This has been said many times and has failed. Take the time to think outside of the box about how you can get people to think before they act with e-mail
Identity theft is a potential risk that most organizations face since it holds the possibility of damaging trustworthy relationships with consumers, investors or employees. Luckily, there are a number of ways to ensure the human resource department and customer information remain safe. Most of the identity theft cases are caused my malicious employees or cyber-attacks. One of the ways to avoid identity fraud at work is to run background checks of all employees to negate the possibility of placing staff with criminal records next to sensitive information. Also, there is need to train staff with access to information on the importance of preserving the security of information and educating them on the indicators of a breach. In case of a breach, all states expect organizations to notify their consumers and employees of the incident. The U.S Security and Exchange Commission (SEC) requires organizations to disclose such information to maintain transparency for shareholders and stakeholders (Tatham, 2018). This is because some organizations may try to hide cybersecurity incidents to retain their investors who may experience financial loss. The technical details of the incident are not necessary since they may catalyze the cyberattack. However, it is necessary to protect investors legally and financially. The reputation of the organization is also at stake if they try to cover up a cyberattack that affects their consumers. Many a times, antiviruses and firewalls may not suffice for cyberattack prevention measures. Hence the need to train employees on the importance of thinking outside the box when handling emails. Some of the strategies to enforce include neglecting emails from unknown users, scanning all emails before opening attachments regardless of the relationship with the sender, and discarding emails without the expected file format.

References
Tatham, M. (2018). What You Should Know About Companies and Data Breaches. Retrieved from https://www.experian.com/blogs/ask-experian/what-you-should-know-about-companies-and-data-breaches/

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Tags: Identity Theft