When it comes to identity theft, Ester Horowitz of M2Power Inc., reminds us that it’s not necessarily about what small business owners are doing (or not doing), but about what’s being done to small business owners. Fifty percent of identity theft actually happens from someone you know, so although the cybersecurity and the cookies and the databases are important, it’s also important to keep an eye on your tech habits and the habits of your employees.
Another key point is that identity theft is more than credit reports and credit breaches, so simply monitoring that won’t prevent all theft and privacy breaches. There are actually eight types of identity theft: social security, driver’s license, medical, character/criminal, financial, technology, public files, and cloning. To learn more about these types, and what small business owners can do about it, please watch the video below.