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Special analysis: Take steps against identity theft

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in Office Management,Payroll Management

What do banks, health insurers, major retail chains and movie studios have in common? Massive cyberattacks that have led to stolen identifying information, including employees’ sensitive personal data. Payroll, with its unfettered access to employees’ names and Social Security numbers (SSNs), can be an unwitting accomplice in identity theft.

Be a hero: You can thwart any identity thief by taking some simple steps and modifying some ­procedures.

An ounce of prevention. Even if you locked every single file cabinet, password-protected every computer and changed those passwords frequently, your data would still be vulnerable, since you can’t eliminate employees’ names and SSNs from some documents (e.g., direct deposit enrollment forms). Consider taking these safety measures:

  • Train Payroll staff in security and nondisclosure, especially to outsiders who phone or ask for information to be faxed or emailed. Also warn staff against...(register to read more)

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