Study reveals troubling trends in Payroll data security
Heads up: You may want to huddle with IT soon to ensure everything possible is being done to safeguard your payroll data.
Reason: A recent study found a whopping 69% of IT managers send out confidential data (payroll and other financial info) over the Internet using unsecured e-mails. Plus around half of these workers said they send unsecured confidential or regulated data out at least once per week.
The study also found that these IT managers admit the information they send out is often data that could potentially require data breach notifications under new laws — if it is stolen or lost.
Another troubling trend the study revealed: Highly confidential info is being transmitted via regular, unencrypted e-mails and attachments on a regular basis. How often? The study found that:
- 69% of participants do it at least once per month, and
- 34% do it daily.
Readers, what steps does your company take to keep Payroll data secure?
Free Training & Resources
White Papers
Provided by Personify Health
Further Reading
A new joint employer rule is on the table. The DOL’s proposed standard could determine when your organization shares liability with a...
While we’re no longer dealing with the quarter-by-quarter changes to Form 941 that occurred during the pandemic, there are some recen...
It’s easy to take your company’s payroll technology for granted, that is, until something goes wrong. As your business grows and the ex...
The IRS has started rolling out guidance on the One Big Beautiful Bill Act, which contains the no-tax-on-overtime provision and much more. ...
A federal district court overturned the overtime rule that would have raised the minimum salary level for exempt employees on January 1, 20...
Among the many provisions of the Secure 2.0 Act, several deal with the paperwork responsibilities that fall on retirement plans. The Sec...