How To Prevent Small Business Identity Theft

Have you ever watched an identity theft commercial

? If you are like most people your first thought is, Its just a commercial, but the reality is the things you see on the commercials really happen. The key is to learn how to prevent identity theft both on a personal basis as well as within the business environment.

Protecting the Small Business

Small business identity theft is a major concern not just for the business but also the employees. Unlike personal identity theft, when a business of any size is involved there is the potential for employee records to be compromised. This means the thief will have access to names, addresses, phone numbers and social security numbers of anyone who works for that business. While there are no perfect solutions, there are several precautions a business owner or manager can take in order to ensure the safety of all company records.

Limit computer access to only those employees who need the information

Never allow employees to share passwordseach employee should have his or her own password

If you retain hard copy records make sure those records are locked and only the owner/manager and human resources or payroll personnel have access

Lock any file cabinets that contain personnel or company records when there is no one in attendance

Have strict codes of discipline for employees who violate safety precautions that might lead to the compromise of records

For more information on protecting company and personnel records in a small business visit our website at Legal-Yogi.com.

Know More about types of identity theft

Identity Theft Statistics are no Joke

Some people hear criminal identity theft statistics and have a tendency to believe the figures are inflated. After all, there arent that many people who are bold enough to use someone elses name when they are arrestedare there? While it is much more difficult now when people are required to have a picture on their drivers license, this does not mean they cannot take the personal information from someone and get a duplicate licenseyou dont even need to prove where you live for a duplicate license in most places. Once a criminal has your information, it is very easy for him or her to use your name when a police officer stops them or they are involved in a criminal action.

Protect Your Social Security Number

One of the biggest problems is identity theft with a social security number. Its important to remember once a thief has your social security number he has all he needs to get a drivers license, job, credit card and much more. Your social security number is the key to your financial future: protect it with your life!

Everyone has probably seen at least one identity commercial theft, and you want to take the information seriously. Both personal and small business identity theft are on the increase, and the only way to reduce these numbers and the criminal identity theft statistics is for everyone to be conscientious and to do whatever is necessary to prevent identity theft with a social number.

by: Jesmin Poll

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