We’ve all heard of personal information being stolen through hack attacks and accidental gaps in security. Something we hear about a little bit less, however, is the thousands of pounds worth of personal information being sold by people who have clear access to it.
The UK Information Commissioner, Christopher Graham, said that there has been a “modern scourge” in the illegal sale of confidential information by employees of companies who retain this data. Right now, the fines for offenders are up to £5,000 but Graham is calling for more, including jail time and tougher sanctions.
The sale of personal information not only harms the individuals involved but will inevitably cost the companies as they attempt to defend claims. When sensitive data is involved, not only should employers protect themselves against the prospect of an outside hack attack, but they should also periodically ensure their employees are following guidelines while making sure they have cover in place if they’re not.