Employment Screening Resources (ESR) Successfully Completes SOC 2 Type 2 Data Security Audit for 2019

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 …

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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 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 …

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New York Passes SHIELD Act to Protect New Yorkers Against Data Breaches

Written By ESR News Blog Editor Thomas Ahearn On July 25, 2019, New York Governor Andrew M. Cuomo signed the Stop Hacks and Improve Electronic Data Security Act or SHIELD Act (S.5575B/A.5635) into law to protect New Yorkers against data breaches by imposing stronger obligations on businesses handling private customer data to provide proper notification …

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CFPB and FTC Announce $700 Million Settlement with Equifax Over 2017 Data Breach

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 …

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Synthetic Identity Theft is Fastest Growing Financial Crime in United States

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. …

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Survey Reveals Nine Out of Ten IT and Security Professionals Feel Vulnerable to Insider Threats

  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.

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FTC Releases Privacy and Data Security Update for 2018

Written By ESR News Blog Editor Thomas Ahearn On March 15, 2019, the Federal Trade Commission (FTC) – the nation’s primary privacy and data security enforcer – released its Privacy and Data Security Update for 2018, an annual report that highlights the FTC’s privacy and data security work over the past year, according to a …

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Background Check Expert Tells SHRM that Screening Firms Need to Ensure Information Security

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).

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Google Fined Nearly $57 Million for Alleged Violations of EU GDPR

Written By ESR News Blog Editor Thomas Ahearn On January 21, 2019, France’s National Data Protection Commission (Commission Nationale de l’Informatique et des Libertés or CNIL) imposed a financial penalty of €50 million euros – nearly $57 million U.S. dollars – against Google LLC for an alleged lack of transparency, inadequate information, and lack of valid consent regarding …

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FTC Reaches Settlements with Four Companies Over False Claims of Participation in EU-U.S. Privacy Shield

Written By ESR News Blog Editor Thomas Ahearn On September 27, 2018, the Federal Trade Commission (FTC) announced that four companies agreed to settle allegations that they falsely claimed certification under the EU-U.S. Privacy Shield Framework and that two of these companies failed to abide by a key framework provision, according to an FTC press …

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