DSW Joins the Club
In response to the ongoing series of publicized data theft occurrences that was kicked off by ChoicePoint and whose most recent entrant was Designer Shoe Warehouse, companies in the background screening industry are either touting their good reporting and security practices or else quickly beefing them up. The article above also points out that Equifax, one of the big three credit reporting companies, has created an online resource that offers consumers advice on how to deal with issues related to identity theft issues. There are already all kinds of resources like this available on the internet (just Google “identity theft”), but this is the first big step by a major player in the industry to capitalize on the crisis.
The whole thing reminds me of that scene in Braveheart where the Scottish nobles are all sitting around a table after betraying the Scottish army, and they’re wondering which one of them will be next. As more of these successful hacks are broadcast to the country and world, more hacker s and thefts are no doubt being drawn to try out their skills. Who will be next? Does the security exist to keep out all of the intrusion attempts? I’m not an expert on that subject so I don’t know. What I think we can expect is increased spending on network security by background screening companies, and what follows logically is increased prices for background screening services. Employers and companies that use background screening services then having to pay more for the same services may consider using lower cost screening companies – like the ones that promote quick and easy (and highly fallible) database searches as adequate background checks.
For now I think we can expect to see more occasions of consumer data theft and increased effort on the parts of the various background screening companies, legislators and various software companies to combat it and find a solution.
The whole thing reminds me of that scene in Braveheart where the Scottish nobles are all sitting around a table after betraying the Scottish army, and they’re wondering which one of them will be next. As more of these successful hacks are broadcast to the country and world, more hacker s and thefts are no doubt being drawn to try out their skills. Who will be next? Does the security exist to keep out all of the intrusion attempts? I’m not an expert on that subject so I don’t know. What I think we can expect is increased spending on network security by background screening companies, and what follows logically is increased prices for background screening services. Employers and companies that use background screening services then having to pay more for the same services may consider using lower cost screening companies – like the ones that promote quick and easy (and highly fallible) database searches as adequate background checks.
For now I think we can expect to see more occasions of consumer data theft and increased effort on the parts of the various background screening companies, legislators and various software companies to combat it and find a solution.
