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    What Is....Business Identity Theft!
    What Is....Business Identity Theft!
    What Is....Business Identity Theft!
    Ebook61 pages52 minutes

    What Is....Business Identity Theft!

    By Nigel Ross

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    About this ebook

    An easy to read ebook of Business Identity Theft, which shows the beginner all they need to understand about this sometimes complex crime of the 20th century. This book addresses the facts that this is the fastest growing crime of all and that a third of all adults will experience in their life time.

    LanguageEnglish
    PublisherNigel Ross
    Release dateFeb 21, 2013
    ISBN9781301749843
    What Is....Business Identity Theft!
    Author

    Nigel Ross

    Hi, having spent years within security, it was a natural step to set up an Identity Theft Consultancy to answer people's concerns. Being qualified by the Identity Management Institute(IMI) as an Certified Identity Protection Adviser(CIPA) running my business in the UK all consultants that are employed by www.identitytheftsecuresolutions.com (my company) are like myself CIPA. Looking forward to serving you and educating the public with more Ebooks to follow!! Kind Regards, Nigel Ross.

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      Book preview

      What Is....Business Identity Theft! - Nigel Ross

      What Is…Business Identity Theft

      By Nigel Ross

      ~~~

      Smashwords Edition

      Copyright © 2013 Nigel Ross.

      All rights are reserved.

      Smashwords Edition, License Notes

      This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you’re reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.

      Table of Contents

      IDENTITY THEFT AND BUSINESSES

      1. Data Loss and Identity Theft – The Same but Different

      2. Your Business as the True Victim of Data Loss

      3. Pre-Texting

      4. Notification Laws

      5. Red Flags Rule

      6. Identity Theft Prevention Program

      7. Administering the Program

      8. Training/Education

      9. Promoting your Protection

      10. Being a Good Steward

      11. Red Flags Rule Wrap Up

      12. Preparing for the Attack

      13. Triage

      14. Business Ethics is not an Oxymoron

      15. The Politics of Data Loss

      16. Connecting the Dots

      17. Final Words

      18. Wrapping It Up

      ALSO BY NIGEL ROSS

      Identity Theft and Businesses

      The following Ebook is for business owners. By the way, we are defining business owners as including anyone in for profit businesses, not for profit or government organizations, as well as any executives, risk managers, compliance or human resource officers, or anyone else who has a vested interest in the success of the organization. If you are not a business owner, this section may not be for you, but it may tell you what to expect from your employer. This section is primarily focused on what business owners need to know about the risks that they face and what they should do to reduce their liability and to protect their business, their employees and their customers. It also covers what they should do if and when they lose data.

      1. Data Loss and Identity Theft – The Same but Different

      As a business owner, your interests are far different than the average consumer when it comes to Identity Theft and Data Loss. And the more that you read the news or watch the media, the more likely you are to be concerned.

      It is very important to understand that Data Loss does not necessarily mean Identity Theft. This may seem like a relatively obvious statement to you, but many people think or act as if they are the same (if only so they can use it as the basis for a class action lawsuit). While it is true that data loss can lead to Identity Theft, more often than not, the loss of data has less to do with the data that is being stolen than it does with the media on which the data was being stored.

      The first thing to understand is how likely you are to lose data. To date, there have been two excellent studies -- one completed in 2006 by the Ponemon Institute, and a second commissioned in 2007 by McAfee -- that have looked at the problem of data loss in business today. Both studies included companies of many different sizes and from different industries, culminating in findings that, for a business owner, are scarier than any ghost story.

      The Ponemon Institute conducted an independent survey entitled U.S. Survey: Confidential Data as Risk, which started with the following paragraph that pretty much says it all:

      A primary reason corporate data security breaches occur is because companies do not know where sensitive or confidential business information resides within the network or enterprise systems. This lack of knowledge coupled with insufficient controls over data stores can pose a serious threat for both businesses and governmental organizations. Moreover, the danger doesn’t stop at the network but includes employees’ and contractors’ laptop computers and other portable storage devices.The examples of risks from this survey are pretty clear. It means that we’ve all become so used to handling personal information as part of our jobs that we often forget how important it is to that person. Since we handle it routinely, we eventually lose our sensitivity to it and become careless. It only takes one mistake to cause a data loss.

      The McAfee study was completed by Datamonitor "to measure IT

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