Be sure the confidential information on your network is safe, advises Kristen Werries Collier in an interview in the February 2013 Smart Business Chicago magazine. Link. Network security breaches are common, Ms. Collier said, and becoming even more prevalent. “Network security attacks are a reality you must confront head on,” she said.
Network breaches are dangerous for businesses because they expose your organization to legal claims, including negligence and breach of contract. In addition, the Fair Credit Reporting Act may impose liability on organizations that fail to safeguard consumer credit information in their possession.
“From a business perspective, a security breach may have financial and competitive repercussions by publicly exposing your organization’s highly confidential or proprietary information and by eroding consumer confidence in doing business with you,” Ms. Collier said. The best strategy is for organizations to acknowledge and minimize the risk by vigilantly monitoring and regularly evaluating their cyber-security safeguards and protocols.
For more information, contact Ms. Collier at (312) 419-6900 or firstname.lastname@example.org.