Data breaches are on the rise – here is what employers need to know
The data breach at Capital One is a global security crisis that has impacted millions of people. Sadly, breaches like these are only becoming more common, and employers have a responsibility to protect their employees and their clients.
It is estimated that phishing scams costs the United States half a billion dollars each year. From direct deposit scams to fraudulent PDF files, there has been a shocking rise in these email phishing scams. Indeed, Microsoft’s Security team reports that these malicious phishing emails have increased by a whopping 250 percent.
So, what do employers and employees need to know in order to protect themselves from these scams?
First, it’s crucial that you educate everyone on your team about phishing scams and how to make safer choices online.
“It’s important to understand that it is not enough to simply be aware and cautious when it comes to your own online behavior,” says Rob Wilson, President of Employco USA and human resources expert. “Your entire company can be negatively impacted across the board if just one employee gives up access to your Office 365 account or similar program. Once the phisher has that foothold, they can access an entire wealth of information, and they can then use this position of power to gain access to more info and phish other people on your team.”
Payroll errors cost your company more than just time and money, they also gravely harm the trust between you and your employees.
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“As machines become cheaper to build and artificial intelligence technology becomes more comprehensive and affordable, many industries are going to become robot-centric,” says Rob Wilson, expert in the field. “Just look at the automotive industry: Starting in the 1980s, companies were spending billions of dollars to create robots to perform basic tasks in their automobile factories. Now, 43 percent of the world’s robots are used by the automotive industry. We should expect to see a similar trend in manufacturing as well, although the good news is that robots create jobs in some fields even as they take them away in others.”
As the country continues to process the news that Eric Trump was spit on at The Aviary in Chicago, the upscale cocktail bar has released a statement regarding the incident. The statement reveals that the employee is on leave, but says they will not comment further about any internal H.R. matters at this time.
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“Artificial intelligence is driven by algorithms — sets of rules based in part on historical data that computers use to guide decisions. For example, if history shows that employees possessing specific traits have proven successful in a given job role, AI algorithms rank highly applicants with those same attributes.
On the heels of a