IN 2013, there were 1,367 confirmed data breaches impacting consumers’ financial information.
August 1, 2014
Consumers who are dissatisfied with how they are treated by their financial institution following fraud sometimes change providers, resulting in a global attrition rate of 23 percent.
The extent to which each state reports records to the FBI varies widely. The federal government acknowledges that it’s possible to obtain more accurate information from professional background screeners.
The Snowden leaks, the Navy Yard shooting, and recent evidence that the U.S. Office of Personnel Management’s primary background check contractor all have forced the federal government to look at changing the way it does background checks.
The report from June 4, 2014, stated that one USIS employee turned in more than 15,000 investigations in one month, translating to about 21 screens every hour of every day during that month, which has raised red flags.
The days of wrapping our enterprise users and systems within a network security perimeter are long gone. In order to better innovate and compete in today’s fast moving markets, the business needs to leverage any opportunity to accelerate new initiatives and create new revenue opportunities.
Travel risk mitigation plans should protect all employees, including travelers, expatriates and emerging market employees, and there should be a focus on Duty of Care. The plans should include clear and comprehensive policies governing business travel as well as the ability to locate and communicate with travelers within minutes of a significant event.