Protecting Your Personal Information

Every business must keep some type of confidential information on their customers, as well as any employees. Credit cards, account information and Social Security numbers are often needed to simply transact business or issue payments.  However, if this data becomes vulnerable, it can lead to fraud, identity theft, and other security problems.

Customers loose faith in your company, your reputation is tainted and you may experience legal problems. Safeguarding individuals' personal information is an important part of any business operation, regardless of your industry or the size of your company.
How safe is your business? Can your employees count on you to keep thier information safe? How about your customers? Is there information protected?
The Federal Trade Commission  offers these five principles to remember in dealing with private information.
  1. Take stock. Know what personal information you have in your files and on your computers.
  2. Scale down. Keep only what you need for your business.
  3. Lock it. Protect the information that you keep.
  4. Pitch it. Properly dispose of what you no longer need.
  5. Plan ahead. Create a plan to respond to security incidents.