Identity Theft: Helping Employees Find Themselves

Risk Management, March 2008 | Go to article overview

Identity Theft: Helping Employees Find Themselves


According to the Federal Trade Commission, there are now more than 10 million identity theft victims in the United States each year, costing the country upwards of $50 billion. For each victim, it takes between 30 to 60 hours to clear his or her name, which often means growing old on the phone with government officials, credit agencies and lawyers, and filing enough paperwork to kill a small forest. Recently, we sat down with Sheryl Christenson, CEO of the Scottsdale, Arizona-based restoration company Identity Theft 911, to talk about the problem.

How does someone typically become a victim of identity theft?

What we see most often are victims who have had a lost or stolen wallet or handbag, a break-in, or a theft by a family member or trusted person who has access to information. We also continue to see victims who have responded to phishing e-mails. We deal with a number of victims who have had their personal information compromised and used through a database compromise or security breach. We are also seeing an increase in victimization through employees taking co-workers information or accessing human resources files.

How can companies help employees if they are victimized?

The most effective thing a business can do is be certain that appropriate security measures and protocols are in place--and followed--for handling payroll records and personnel files. Businesses should look at who has access to that data and should be conducting background checks on those employees who work with sensitive information. We are seeing more and more situations where theft of employee information is coming from within a business.

Companies should limit the number of people who have access to employee data. Not everyone who thinks they need access truly needs access. Proper file storage and destruction of employee information is also critical. Businesses must establish standards and procedures for employee data, just as they do for customer data.

What types of insurance is available to deal with identity theft?

Numerous insurance companies now offer identity theft advocacy service and reimbursement endorsements attached, primarily, to home and auto policies. We currently provide restoration services to the policyholders of more than 100 insurance companies such as MetLife, Chubb, Amica, Pemco, Motorists, One Beacon, Hanover, Liberty Mutual, Armed Forces Insurance, Fireman's Fund and Island Insurance. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Note: primary sources have slightly different requirements for citation. Please see these guidelines for more information.

Cited article

Identity Theft: Helping Employees Find Themselves
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen
Items saved from this article
  • Highlights & Notes
  • Citations
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA 8, MLA 7, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Search by... Author
    Show... All Results Primary Sources Peer-reviewed

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.