Though 42 of those 50 countries that have passed on what are called, “data breach notification laws,” Massachusetts is definitely leading the charge on the dilemma of safekeeping crucial information, and apparently, for all gains reform from the U.S. Massachusetts has legislated that encryption of important employee data be achieved with encrochat. This could save tens of thousands of dollars (and thousands of households) by virtually end identity theft at work. However, is it worth the weight of businesses, both in time and financially? Are we asking too much? Are overtaxed, understaffed employee rewards teams to achieve this?
Though one of the largest problems for associations and their worker gains teams right now is an essential data breach practically guarantees you will be slapped with a single (or more) class-action lawsuits – hence turning into a massive liability issue – that the prices of preventing this type of violation (i.e., identity theft) could be enormous. With millions of documents already lost and millions more in danger, however, there is just no way to get around the simple fact that Encrochat encryption have to be part of a thorough plan of data safety and planning.
Why? Quite bluntly, anybody who has been or who knows somebody who has been that the victim of identity theft will inform you it is a horrible, dreadful crime – and attempting regain their standing and safeguard themselves in the long run is just like a never ending nightmare. The amount of personal data gathered by worker benefits groups and human resources departments is, by necessity, enormous. Protecting those folks have to be a high priority, and in the event the country follows the lead of Massachusetts anytime soon, it is going to be.
If you are fortunate enough, you might realize your insurance agent is really able to keep all of your employee data and handle the security dilemma themselves, therefore protecting your workers AND your company in the nightmare of identity theft and the accountability that goes with it.