Lionheart Assurance Solutions, LP Gives Businesses A Step Up
>> Monday, June 28, 2010
Lionheart Assurance Solutions, LP has helped give businesses a lift ever since the consulting company started in 1997. Lionheart Assurance Solutions, LP has recruited a senior management team from many industries, whose combined expertise would be the equivalent of a century’s worth of knowledge and skills in business.
A New Business Challenge: Identity Theft
Although businesses have many challenges, there is a new one that is particularly harmful to the success of a business. This problem is a high incidence of fraud related to identity theft.
Identity theft is a huge concern for businesses because there are so many ways that customer or employee personal information can be stolen and used for fraudulent purposes.
In today’s high technology environment, both large and small businesses are vulnerable to identity theft. For example, in many cases if sensitive personal information is not properly handled it is generally easy for customer or employee files, social security numbers, driver license numbers, and other types of sensitive personal information to wind up in the wrong hands. This information - if stolen - can be used to obtain credit cards and other types of accounts in the name of the victim. Sometimes even criminal activities are pursued using someone else’s identity information.
A Slippery Slope
A victim of identity theft can be ruined financially or face criminal prosecution for purchases they never made or for crimes they never committed. Additionally, they could turn around and sue the business from which his or her identity was stolen. Besides the risk of facing a lawsuit for possible negligence related to a failure to safeguard personal client or employee information, the company could also face bad publicity from the press or become a target for governmental investigations.
Lionheart Assurance Solutions, LP Educates Their Corporate Clients On The Risks Of Identity Theft And Raises Awareness Of These Potential Problems
Lionheart Assurance Solutions, LP has designed a three-part program to help their business clients and their employees address this new threat.
1. Introducing an identity theft education and awareness program to help the company reduce the likelihood of a potential breach of personal or sensitive information that could lead to identity theft. This program consists of ongoing, proactive education of all employees about what identity theft is, how it can occur, the risks if not dealt with seriously, and the steps to safeguard sensitive information.
2. Introducing a suite of payroll deduction employee benefits. By signing up for these innovative benefits, workers can get personal credit monitoring, identity restoration, and access to the legal system.
3. Introducing ideas on how a company can design their own information security program. This program can help alter the way that every employee from senior executives to general staff identity and handle sensitive information. For example, some changes might be learning to lock file cabinets, making sure that desks are cleared before leaving them, using passwords on computers, and locking up offices when access to them is no longer needed.
For more information, visit LionheartAssurance.com.
