How do organizations protect against identity theft?
Organizations can protect against identity theft by taking specific measures to secure personal information. These measures include implementing strong passwords, physical protection of information (especially in regards to paper-based information), regularly monitoring and updating software, encrypting data, and using two-factor authentication for sensitive accounts. Additionally, organizations should take steps to protect customer information, either through data-masking or access control, such as limiting access to important information to only those individuals who need to see it. Finally, organizations should have a reliable method of disposing of customer information when it is no longer needed by the organization. For example, they can use a secure shredding service or they can safely store the information before disposing of it. By taking these steps, organizations can protect their customers against identity theft and protect their own reputations.
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