How do organizations protect against identity theft?

Organizations have various ways to protect against identity theft and data breaches. The most important is a strong cybersecurity policy. This policy should include guidelines for how data is handled, stored, and transmitted by employees. It should also include protections for employee accounts, such as multi-factor authentication and secure passwords. Additionally, organizations should regularly update their network security by installing the latest anti-virus and firewall software. In Oklahoma, organizations are required to meet Cybersecurity Best Practices (CBP) standards. This includes using encryption to protect data during transmission, having a written security policy, having a data breach plan in place, and regularly training employees on data security procedures. Organizations may also choose to invest in additional services such as identity theft protection and credit monitoring. Organizations may also employ a “defense-in-depth” strategy that involves layering multiple security measures on top of each other, such as using firewalls, intrusion detection systems, and application firewalls. It is also important to monitor and audit activity on the network to detect unauthorized activity as early as possible. By following these steps, organizations can be better equipped to protect against identity theft and data breaches. These measures are important for the safety of customers’ data, as well as the financial well-being of the organization itself.

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