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Posted on September 27, 2017 by in Breach Response, Business

Since its public revealing on September 7, 2017, the Equifax data breach has certainly caused a lot of anxiety among Americans, and even Canadians and Britons. However, the reality is, we live in a world where our personal information is everywhere. So, whether we are shopping at Target or Home Depot, banking with JPMorgan Chase, selling or buying on eBay, or have our medical insurance through Anthem Blue Cross Blue Shield, it really doesn’t matter. Those crown jewels of your personal identity – Social Security Numbers, Driver’s license numbers, addresses, etc. – are indeed everywhere.

There’s an opinion pieced posted in the Boston Herald from IdentityForce’s CEO, Steven Bearak, that sums up nicely where we are at:

“The only solution is for us all — individually — to be prepared. When a data breach incident happens, we need organizations to own it, and report it quickly to the public, within days not months. Acknowledge it through full transparency and meaningful communication, and arm those affected with the right identity-theft protection tools they need to provide them with peace of mind and a sense of control. It’s time for all Americans to realize that their identity is personal and it needs to be protected, just like any other major asset.”

What we are seeing at IdentityForce is an exponential number of inquiries and requests from organizations and their benefit brokers about how to adopt identity theft protection as an employee benefit, even though we are in the heart of open enrollment season, and HR teams are already at full capacity. Businesses want to take control of this now – they don’t want to wait for the next breach to happen or for their employees to become victims of identity theft. The timeline is now accelerated for organizations as they want to ensure their employees have the protection they need to regain their identity without all of the hassle of paperwork, phone calls, and a massive amount of stress.

Identity Theft Resources to Help Business Leaders Help Employees

As a result of the increased activity – and a lot of misinformation circulating around the industry – we’ve created a new whitepaper for business leaders trying to grapple with what’s next. The whitepaper, The Equifax Data Breach: Now What? | The Impact on Your Employees and Your Business, succinctly outlines what business leaders need to know about the breach, the disruption to employees – both now and in the future once an identity is indeed compromised – and six steps that businesses and employees can take to help protect against identity theft.

IdentityForce is also running a 30-minute webinar at 1 PM ET / 10 AM PT on Thursday, October 19th, to further inform business leaders about what they need to be aware of regarding the Equifax data breach and how to ensure they protect their most valuable asset: their employees. Learn more and register here for this live session.