Tag Archives: SOC 2

FREE Act Would Give Consumers Control Over Credit Information in Wake of Equifax Data Breach

Data-Breach

Written By ESR News Blog Editor Thomas Ahearn

On September 15, 2017, Senator Elizabeth Warren (D-Mass.) and Senator Brian Schatz (D-Hawaii) introduced the Freedom from Equifax Exploitation (FREE) Act to give consumers control over their credit information in the wake of the massive Equifax data breach that compromised the personal data of as many as 143 million Americans, according a press release on Senator Warren’s website. Continue reading

Massive Equifax Data Breach Should Not Affect Credit Reports Ordered by Employers for Background Checks

Data-Breach

Written By ESR News Blog Editor Thomas Ahearn

Employers concerned about credit reports used for background checks being affected by the massive Equifax data breach that compromised the personal information of roughly 143 million Americans — almost half the country – “can breathe somewhat easier knowing their employees won’t be affected,” according to the Bloomberg BNA article ‘Should Equifax Data Breach Worry Employers?’ Continue reading

Uber Settles FTC Allegations Over Deceptive Privacy and Data Security Claims

uber_nowords

Written By ESR News Blog Editor Thomas Ahearn

The Federal Trade Commission (FTC) has announced that Uber Technologies, Inc. agreed to settle FTC charges over deceptive privacy and data security claims that the ride-sharing company “deceived consumers by failing to monitor employee access to consumer personal information and by failing to reasonably secure sensitive consumer data stored in the cloud.” Continue reading

Statistics Show Data Breaches Increasing at Record Pace in United States

MaskedManLaptop

Written By ESR News Blog Editor Thomas Ahearn

Statistics released by the Identity Theft Resource Center (ITRC) and CyberScout reveal the number of data breaches in the U.S. tracked through June 30, 2017 hit a half-year record high of 791, according to an ITRC press release. At this pace, ITRC anticipates the number of data breaches could reach 1,500 in 2017, a 37 percent increase over 2016, when data breaches reached an all-time record high of 1,093. Continue reading

Employment Screening Resources Successfully Completes SOC 2 Type 2 Data Security Audit for 2017

SOC2-Logo_Revised

Written By Employment Screening Resources (ESR)

Employment Screening Resources® (ESR), a leading global background check firm, has announced that independent auditors conducting a SOC 2® Type 2 examination of ESR’s operations for the six month testing period of November 2016 through April 2017 have issued a SOC 2 Type 2 report that states ESR management maintained effective controls over the privacy, security, and confidentiality of its employee background screening system. Continue reading

Target Settles Credit Card Data Breach Case for $18.5 Million

MaskedManLaptop

Written By ESR News Blog Editor Thomas Ahearn

California Attorney General Xavier Becerra has announced a record $18.5 million multi-state settlement with Target, Inc. in response to allegations that more than 40 million customers had their payment card information compromised from a data breach during the 2013 holiday season after the retailer failed to provide reasonable data security, according to a press release on the Attorney General’s website. Continue reading

IRS Offers Taxpayer Guide to Identity Theft for 2017

irs-logo

Written By ESR News Blog Editor Thomas Ahearn

With the deadline for filing taxes nearing – Tuesday, April 18, 2017, because the usual Tax Day of April 15 falls on a weekend – the Internal Revenue Service (IRS) is offering a Taxpayer Guide to Identity Theft to help taxpayers combat “tax-related identity theft” that occurs when someone uses a stolen Social Security number (SSN) to file a tax return claiming a fraudulent refund. Continue reading

Financial Institutions Will Seek Stronger Security Measures from Screening Providers including SOC 2 Reports and NAPBS Accreditation

 trends banner-3

Written By ESR News Blog Editor Thomas Ahearn

With data breaches front page news in 2016, industries dealing with sensitive and confidential information – especially in the financial sector – know ensuring data security from third party service providers is mission critical. The fact that businesses including banks and financial institutions will seek stronger security measures such as SSAE 16 Service Organization Control (SOC) 2® reports and accreditation from National Association of Professional Background Screeners (NAPBS®) from screening providers is Trend Number 3 in the Employment Screening Resources® (ESR) 10th annual ‘ESR Top Ten Background Check Trends’ for 2017. Continue reading

FTC Issues Data Breach Response Guide for Businesses

 FTC-Data-Breach-Response

Written By ESR News Blog Editor Thomas Ahearn

With massive data breaches like the one affecting 500 million Yahoo users in the news lately, the Federal Trade Commission (FTC) has issued a new Data Breach Response: A Guide for Business that outlines the steps that businesses should take when experiencing a data breach. Continue reading

Employment Screening Resources Successfully Completes 2016 SOC 2 Type 2 Data Security Audit

SOC2-Logo_Revised

Written By Employment Screening Resources (ESR)

Employment Screening Resources® (ESR), a leading global background screening firm, has announced that independent auditors conducting a SOC (Service Organization Control) 2® Type 2 examination of ESR’s operations for the six month testing period of January 2016 through June 2016 have issued a SOC 2® Type 2 report that states ESR management maintained effective controls over the privacy, security, and confidentiality of its employee screening system. Continue reading