Protecting Your Organization

Identity Theft and Data Breach

What is business identity theft?

Consequences

• Financial loss

• Damaged credit

• Damaged name/reputation

• Closure of business

Vulnerabilities

• Phishing & Spoofing– employees– customers

• Internet profiling– state filing– website– social media– credit report

• Account hijacking– Social media– financial

Warning Signs

• Statement discrepancy

• Notifications

• Collection calls

• Customer complaints (unknown)

Reducing the Risk

• Monitoring– State filing– Financial– Credit report– IP– Google alerts

• Online accounts– Financial– Social media

Laws

• Florida HB 157– Business identity theft a crime– Restoration rights– Strengthen charges– False public record = criminal charge– Medical ID theft = felony

What is a data breach?

Consequences

• Customer churn

• Fines and penalties

• Class action lawsuit

• Tarnished reputation

Vulnerabilities

• Employees

• Partners

• Clients/Customers

• Technology

Warning Signs

• Malware

• Client notification

• Theft

• Hijacked

Reducing the Risk

• Risk assessment– Data matrix– Data life cycle– Laws & compliance

• Policies & Procedures

• Employee Training

• Repeat

Review

• Business Identity Theft– HB 157– Monitor– Employee training

• Data Breach– Employees weakest link– Risk assessment– Policies & procedures– Employee training– Continuous

Resources

• Kerskie Group, Inc(239) 435-9111ck@kerskie.com www.Kerskie.comTwitter @CarrieKerskie**Email me to request a copy of the data

privacy steps

• Hodges University (new)– Identity Theft Research & Education Center