Identity theft is one of the fastest-growing crimes in the U.S., and much of it revolves around the workplace. The federal government has taken a stand by passing the Fair and Accurate Credit Transactions Act and the Identity Theft and Assumption Deterrence Act.
But employers must react similarly by erecting legal defenses, including safeguarding personnel files that contain such information as employees' Social Security numbers, as prescribed by many state statutes.
FAQs about identity theft
1. How can an employer protect employee records from the threat of identity theft?
Here are some steps you should take to secure employee records and minimize identity theft risk factors.
Conduct background checks. To prevent insiders from stealing information, it is important that all applicants for positions that have access to employee records be subject to criminal or civil background checks.
Secure data. Lock person...(register to read more)