Cyberattacks are a growing concern for employers across the globe but especially for those in the United States. According to the Identity Theft Resource Center, the number of reported U.S. data breaches rose 68% between 2020 and 2021, increasing to a record-setting 1,862 incidents. Of these breaches, 83% involved sensitive information, such as Social Security numbers.
Cyberattacks aren’t going away any time soon. In fact, they’re likely to increase. According to the Identity Theft Resource Center, ransomware-related cyberattacks have doubled during each of the last two-year periods. This means now is the time for employers and HR teams to prepare for eventual cyberattacks by training employees and solidifying contingency plans.
- Understand the Risks; Have a Backup Plan
- Develop Cyber Training and Contingency Plans
- What data has been impacted?
- How sensitive was the data (i.e., does the breached data include addresses, Social Security numbers or banking information)?
- What is the employer’s obligation to report the data breach (i.e., sometimes customers, employees, the government or all the above need to be notified)?
- Based on the type of data breach, how quickly must the incident be reported to applicable parties?
- Assess a Breach and Be Responsive to Employees
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