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Institutional Identity Theft: How the Identity Theft of Your Customers Leads to the Erosion of Your Company's Profits and Good Name
Although identity theft is often looked at as an individuals problem, it is also something that consumers have to worry about, hence most organizations spend a lot of time, effort, and money trying to prevent their customers from experiencing it. While the Internet is not the culprit, it has become a tool that identity thieves have embraced and abuse to find victims and commit fraudulent activities. A layered security approach that combines policy, procedures, training, and a variety of technologies managed and monitored centrally is the best way to combat institutional identity theft.
Read this whitepaper for some insight on the real losses sustained by organizations whose customers experience identity theft and how this erodes the reputation and profits of institutions. Also covered are some of the best policies, procedures, and solutions to reduce your organizations risk.