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| | The Business Finance,Taxes and Business Operations Network is not currently active and cannot accept new posts | | Business owners, are you aware of current legislations that affect your business? | Views: 1084 | | Nov 28, 2006 4:04 am | | Business owners, are you aware of current legislations that affect your business? | # | 
Rainmakerz Unique Employee Benefits Programs | | If you, as a business owner, are not aware of new Federal Laws in place regarding your business' responsibilities for the security of personal data and Identity Theft you may be facing a legal storm on the horizon.
When it comes to cleaning up a mess of this nature companies on average spend 1600 hours per incident at a cost of $40,000 to $92,000 per victim
Statistics show that 87%+ of all business owners are not aware of these new legislations and only 13.3% of business owners recognize the term FACTA (Fair and Accurate Credit Transaction Act)which is one of the largest componenets of these new legislations.
These mandatory legislations require that a business:
1. must have a written plan describing how customer data is to be secured
2. an appointed officer on staff responsible for implementing that plan
3. Mandatory Identity Theft training and protection that you as a business owner make available to your employees.
Having these offerings/ plans in place gives the company documentation of affirmative action and helps to mitigate damages and can save money.
Our firm not only educates but helps to protect by providing business owners several resources to help them provide an affirmative defense program for their company- at no charge.
I look forward to sharing more information with you on these important legislations and answering any questions you may have.
Regards,
JJ Parsons
Rainmakerz Unique Employee Benefits Programs
Rainmakerz@sbcglobal.net
(254)535-6564Private Reply to Rainmakerz Unique Employee Benefits Programs | | |
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