Security Threats to Payroll Data: How Can Your Firm Manage Them?
In modern, connected workplaces, security is a perpetual concern. Some departments in your organization handle high-risk information, such as personal employee data and company finances. Any data breach can bring on a reputational crisis and endanger internal strategic approaches. In February 2025, HR Dive reported the impact of a data breach at an employee screening services provider. The breach affected an unnerving 3.3 million people, leaking people's names and financial account information. Social Security numbers and other ID numbers also got compromised.