It's a company's worst nightmare: An email that appears authentic prompts an unsuspecting employee to send out financial information,allowing hackers to steal personnel records,account numbers,banking statements or other sensitive documentation.This is a type of cybercrime known as”phishing,”defined by the Federal Trade Commission as using”fraudulent emails or texts,or copycat websites to get you to share valuable personal information-such as account numbers,Social Security numbers or your login IDs and passwords.”For an ILMA member,a phishing attack can be disastrous-and financial records aren't the only thing at risk.As if the loss of sensitive information isn't bad enough on its own,there's an added layer of trouble for the employer: It's possible that an employer could be held accountable for employees’stolen data.Victims of cybercrime could even take the employer to court.
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