Employer Liability for Data Breaches: What Companies Should Know
Organizations are increasingly being held liable for breaches of employee data. But employers can take steps to mitigate the likelihood and impact of breaches. Any organization using an electronic payroll and benefits system stores and processes sensitive employee data — which covers just about every organization in operation today. There are many risks related to a cyberattack that compromises employee data, including legal liability, business interruption and reputational damage.