Hacked! Limiting employer liability for breaches of employee data - Business Management... - 0 views
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Karl Wabst on 24 Sep 09Imagine this nightmare scenario: You've contracted with a vendor to enter personnel data into a new computer system. You give the vendor confidential data regarding your employees, including their Social Security numbers, addresses, names of dependents, health records and bank account routing numbers. Then the vendor notifies you that employee data was somehow stolen or lost. What do you do? It happens more often than anyone would like to admit. The Federal Trade Commission estimates that 9 million Americans have their identities stolen each year. More than 262 million records have been breached since January 2005