Written By ESR News Blog Editor Thomas Ahearn Employment Screening Resources® (ESR) – a leading global background check provider – has announced that independent auditors conducting a SSAE 18 SOC (Service and Organization Control) 2® Type 2 audit of ESR’s operations for the six month testing period of January 2019 through June 2019 have issued ESR …Continue reading "Employment Screening Resources (ESR) Successfully Completes SOC 2 Type 2 Data Security Audit for 2019"
Written By ESR News Blog Editor Thomas Ahearn On August 15, 2019, Risk Based Security (RBS) released its 2019 MidYear QuickView Data Breach Report that showed 2019 was on track to be another “worst year on record” for data breach activity, with over 3,800 incidents reported in the first six months of the year. Compared …Continue reading "Report Finds 2019 on Track to Be Another “Worst Year on Record” for Data Breach Activity"
Written By ESR News Blog Editor Thomas Ahearn On July 22, 2019, the Consumer Financial Protection Bureau (CFPB), the Federal Trade Commission (FTC), and 48 states, the District of Columbia, and Puerto Rico announced a settlement with Equifax that will provide up to $700 million in monetary relief and penalties for a data breach in …Continue reading "CFPB and FTC Announce $700 Million Settlement with Equifax Over 2017 Data Breach"
Written By ESR News Blog Editor Thomas Ahearn “Synthetic identity theft” – where fraudsters create new identities by combining real and fabricated personal data – is the fastest growing type of financial crime in the United States that is difficult to detect and often unreported, according to a white paper from the U.S. Federal Reserve. …Continue reading "Synthetic Identity Theft is Fastest Growing Financial Crime in United States"
Written By ESR News Editor Thomas Ahearn Having information security safeguards in place to protect against unauthorized users and unwanted intrusions caused by data breaches to avoid identity theft and fraud is crucial for background screening companies accredited by the National Association of Professional Background Screeners (NAPBS). The NAPBS, a non-profit trade association representing the …Continue reading "Information Security Crucial for Background Screening Companies Accredited by the NAPBS"
Written By ESR News Blog Editor Thomas Ahearn On April 11, 2019, amendments passed in 2018 by the Massachusetts legislature to the Data Breach Notification Law will take effect and impose additional requirements on companies covered by the law that suffer a data breach involving the personal information of Massachusetts residents.Continue reading "Massachusetts Data Breach Notification Law Amendments Take Effect April 11"
Written By ESR News Blog Editor Thomas Ahearn A report entitled “State of Insider Threats in the Digital Workplace 2019” released by SaaS (Software as a Service) Operations Management platform BetterCloud has revealed that 91 percent of IT (Information Technology) and security professionals surveyed feel vulnerable to insider threats.Continue reading "Survey Reveals Nine Out of Ten IT and Security Professionals Feel Vulnerable to Insider Threats"
Written By ESR News Blog Editor Thomas Ahearn The United States Senate Committee on Banking, Housing and Urban Affairs is inviting feedback on information security issues that include the collection, use, and protection of sensitive information by financial regulators and private companies, according to a press release on the Committee’s website.Continue reading "U.S. Senate Banking Committee Invites Feedback on Information Security Issues in Financial Sector"
Written By ESR News Blog Editor Thomas Ahearn Employers and screening firms conducting background checks will feel “pressure” to ensure information security and will be “interested in how artificial intelligence (AI) technology will improve the screening experience in 2019,” according to an article from the Society for Human Resource Management (SHRM).Continue reading "Background Check Expert Tells SHRM that Screening Firms Need to Ensure Information Security"
Written By ESR News Blog Editor Thomas Ahearn Background check firms in the United States (U.S.) will have to show their data breach protection and information security capabilities as well as compliance with privacy laws on domestic and international fronts in 2019. This trend has been chosen by global background check provider Employment Screening Resources® …Continue reading "Data Breach Concerns Lead to Increased Focus on Information Security with Screening Firms in 2019"