Do you have customers and/or employees? Regardless of your company's size, here's what you should know aboutyourliability for Identity Theft! Do you have customer's personal information? Do you have employee records? Do you have vendor data? If any data regarding your customers, employees or vendors is stolen, lost, mishandled or misplaced, you may find yourself facing legal issues. John Gardner, a leading authority on the identity theft crisis says, "The Federal Government can't catch the identity theft criminals, so they've decided to place the responsibility of the crime on you, the business owner, with the creation of FACTA (the Fair and Accurate Credit Transaction Act)." Many people relate identity theft to just credit card theft. In fact, identity theft actually involves these five different areas: Department of Motor Vehicles- an identity thief could obtain a drivers license in your nameandaccumulate traffic tickets in your name. Social Security-an identity thief could use your social security number for employment purposes and you could get the tax bill. Medical Information Bureau- an identity thief could use your personal information to obtain prescriptions or medical help which might reduce your available benefits. Criminal Identity-an identity thief could use your information to escape fines or jail time. Financial Identity- an identity thief could use your information to obtain money, goods, or services leaving you with the bill. On July 21, 2005, the Wall Street Journal published an article titled, "Security Breaches of Customer's Data Trigger Lawsuits." The article reported that for the first time, the FTC has "invoked its authority to pursue unfair business practices invoving lax cumputer security." "The responsibility and liability to protect personal information is squarely on the shoulders of the business owner - regardless of how big or small an operation may be," says the vice chairman of a large regional bank. "We're also making theIdentity Theft Shield product, which we consider to be the best on the market, available to our employees and our customers." Contact metoday - allow me, andPre-Paid Legal, show you how to minimize your personal risk, your company's risk, and your employees risk. To see more information regarding identity theft, please visitThe ID Theft Seminars- an identity theft information & education service.
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