Safeguarding Personally Identifiable Information
YOUR BUSINESSES ATTITUDE TOWARDS SAFEGUARDING PERSONALLY IDENTIFIABLE INFORMATION WILL BE A DIRECT REFLECTION ON THE CULTURE OF YOUR ORGANIZATION
The after effects of a data breach can be significant to any company and the consequences can have far reaching effects. As an illustration, Target estimated the credit card data breach costs, after insurance reimbursement at $105 Million.
In addition, 40 million payment cards and 70 million other records, including customers email addresses and phone numbers were stolen. Ultimately, this breach was severe enough for the CEO to resign.
Given these points, companies must safeguard personally identifiable information from both internal and external threats. Moreover, companies should only retain information most crucial to the operation of the business and what is legally required if their data is breached.
This guide will help put all of that into a better perspective.
For additional information regarding PII, read our article, Personal Identifiable Information Online Security.
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