Your HR department may collect sensitive information about your employees. Keeping this information safe is your responsibility, and it should be a higher priority than ever before. This year, there may be more risks to storing and collecting this information, as the COVID-19 pandemic has greatly increased the number of companies managing benefits remotely with new digital tools has increased. If a data breach occurs, you and your business may face legal or regulatory action, remediation costs, and a damaged relationship with your employees.
Read the entire article, provided by TIG Advisors, to learn more.