Keeping Company Information Safe

According to Privacy Rights Clearinghouse, 91 million data records affecting nearly 10 million U.S. citizens have been exposed due to security breaches since February 2005.

Breaches occur from someone hacking into a database, a disgruntled employee stealing information, or sheer stupidity — as in a lost or misplaced disk or laptop.

Based on the public outcry, the U.S. Congress has proposed new laws to address general data privacy and security concerns, although none has yet been enacted.

However, 33 states, including New York, New Jersey and Conneticut, have passed data breach legislation within the past three years.

What does this mean for small businesses? In short, more compliace requirements.

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