Business Security
Data Protection
When the Data Protection Act came into force, companies realised they needed to sharpen their practices with regards to the storage, usage and handling of data.
The legislation is no longer new, but the ever-evolving nature of technology means that its application continues to evolve and create challenges for businesses.
Any organisation that handles customer data must apply cash handling disciplines to the processes, ensuring staff are fully trained, systems are robust and accountable, and adequate precaution is taken.
In addition, they must ensure that security systems are adequate to protect customers' personal data. A recent high-profile example of this was Sony's PlayStation Network, which suffered an attack, leading to a prolonged period of shutdown, strong criticism and a damaged reputation.
At a Glance
63 per cent of companies saw a rise in staff members stealing customer data in 2010 compared with 2009
Source: Cifas May 2011
A 63 per centincrease in instances of staff stealing or disclosing personal data was recorded in 2010 compared with 2009
Source: Cifas May 2011
29 per cent of staff fraudsters aged under 21 were guilty of data-related staff frauds, compared with only 3 per cent aged 41-50
Source: Cifas May 2011
27.3 per cent of businesses reported corporate data theft in 2010
Source: Global Fraud Survey, Kroll
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