Why is personal information important and why it needs to be protected?

Why is personal information so important?

Chances are, your business collects personal information about customers, employees and/or partners. This means you have an obligation to protect that information. Failure to do so could lead to legal issues or even bankruptcy.

What personal information should be protected?

The most sensitive information to protect includes your bank account numbers, social security number, pin numbers, credit card numbers, and passwords.

Why do we need to protect your personal information online?

You need to be careful with how much personal information you reveal online. Sharing your address, phone number, birthday and other personal information can mean you are at a greater risk of identity theft, stalking and harassment. This includes information you post on social media.

Why is protecting your personal information important?

Protecting Your Personal Information – Higher Education Solutions. There is nothing more important than keeping your personal information secure so that you can prevent identity theft. This information is the gateway to your financial institutions, medical records, credit score and other important personal records.

Why is it important to protect your identity?

Anything can be stolen. Identity theft can occur as a result of stolen mail, phishing scams, computer viruses, data breaches, etc. … Protecting your identity is very important, as failure to do so can lead to a lot of problems. A person can run into potential problems with the police, the IRS or employers.

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Why should personal data be confidential and protected?

Information with high confidentiality concerns is considered secret and must be kept confidential to prevent identity theft, compromise of accounts and systems, legal or reputational damage, and other severe consequences. … Social Security numbers, which must remain confidential to prevent identity theft.

Why is it important to keep sensitive information private?

Failure to protect and secure confidential information may not only lead to the loss of business or clients, but it also unlocks the danger of confidential information being misused to commit illegal activity such as fraud. A key element of confidentiality is that it helps build trust.