Regardless of the size-or nature-of your business, the principles in this brochure will go a long way toward helping you keep data secure.Ī sound data security plan is built on 5 key principles: Others may find it helpful to hire a contractor. Some businesses may have the expertise in-house to implement an appropriate plan. Given the cost of a security breach-losing your customers’ trust and perhaps even defending yourself against a lawsuit-safeguarding personal information is just plain good business. However, if sensitive data falls into the wrong hands, it can lead to fraud, identity theft, or similar harms. This information often is necessary to fill orders, meet payroll, or perform other necessary business functions. Most companies keep sensitive personal information in their files-names, Social Security numbers, credit card, or other account data-that identifies customers or employees. About the FTC Show/hide About the FTC menu items.News and Events Show/hide News and Events menu items. Advice and Guidance Show/hide Advice and Guidance menu items.Competition and Consumer Protection Guidance Documents.Enforcement Show/hide Enforcement menu items.
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