Would you be surprised if I told you that nearly 40% of all data leaks within the past 3 years have happened between January 1st and April 15th?
According to the DataLoss Database there have been 2,402 data loss incidents reported between 2007 and 2010, and 916 of them happened during tax season.
Important questions companies should consider:
- What kind of access is being granted to third parties, like auditors?
- How are third parties handling and protecting your business-critical information?
- What tax-related documents are being sent internally and externally – without a lock-and-key?
There is a critical need for visibility and security when handling sensitive documents either internally or with third-party providers – or with anyone else, for that matter. Organizations must make it a priority to first identify the confidential information floating around its systems, people and between partners. Then carefully consider where that data lives, who has access to it, and what policies should be implemented to ensure that it’s handled safely.