In last week’s blog, we covered some of the major costs companies incur when employees have their personal data compromised. Today’s article will focus on four key steps human resources can take to prevent these costs by protecting their company’s greatest assets — their employees.
In the first blog of our human resources series, we covered a brief overview of the role HR representatives play in the protection of their employees’ personal data. Today’s article will focus on the types of costs companies incur when employees or clients have their private information compromised.
The damages aren’t as clear-cut as you might imagine, and the impact to your company’s bottom line can be devastating. Here are just a few examples of the wide-ranging costs your organization can suffer due to security breaches and the loss of sensitive data.
Interviewing prospective hires. Mitigating employee disputes. Analyzing job performances.
When you hear “human resources,” you likely think of some of the traditional responsibilities listed above. However, technology has significantly altered the role HR plays in any organization. This is especially true when it comes to the protection of employees’ personal data.
Last year, ransomware attacks cost businesses $1.5 billion, and one widespread attack, WannaCry, is on track to generate over $4 billion in lifetime damages. There’s no mistaking it: Ransomware is a big business. And, like all businesses seeking longevity, it is evolving.
Introducing the Priceline of ransomware — a new attack that allows victims to name their own price.
We are armed with the most advanced anti-virus protection ever produced; we have access to more knowledge than we could possibly digest; and we have been warned about the risks of cybercrime more times than we can collectively count. Yet, we are at a greater risk of becoming victims of security breaches than ever before.
That’s because human beings are the weakest link.
Earlier this week, cybersecurity firm UpGuard reported that cloud-based data storage from Alteryx, a data analytics firm, had left the personal information of 123 million Americans exposed. Alteryx is a partner of both Experian, the credit monitoring firm, and the U.S. Census Bureau. Although the Census data was already publicly available, when coupled with the sensitive Experian information, UpGuard raised concern that the exposed information could impact nearly every household in the country.
Our credit scores can determine more about our future than our education, salary, and connections. So, when creditors call demanding prompt payment, Americans are quick to action. The problem is, not every call you receive from a debt collector is legitimate; many of these calls are part of a scam called vishing.
Here’s what you need to know.
On-site meditation experts. Back massages on demand. Health insurance for your hamster.
When it comes to employee benefits, it seems like companies are willing to try anything. But, when it comes to attracting and retaining the top talent in your industry, it looks like identity theft protection will rank number one in 2018.
We have a lot on our minds over the holidays. Did we get gifts for everyone on our list? Whose family will we visit this year? Unfortunately, one thing we often don’t think about is how we can protect our privacy and identity. But, in today’s new reality, we must always be vigilant in protecting what matters most — especially this time of year.
Let’s look at a few ways we can stay safe while traveling and shopping this holiday season.
Sending emails to clients and employees. Sharing photos of your kids on Facebook. Tweeting pictures of your breakfast, lunch, and dinner. No matter how you use the internet, you’re at risk of experiencing an account takeover.
Account takeover, commonly referred to as “hijacking,” occurs when an unauthorized user takes control of a victim’s online account. With 15 percent of internet users reporting they have been victims of such attacks, Google launched an investigation to determine how this occurs and what steps they can take to best protect users.
Let’s take a look at what they found.