In fact, accelerating to real-time settlement will reduce banks’ ability to continue their current fraud-prevention tactics.
With millions of workers shifting to a remote-work arrangement, employers must be mindful of the risks to proprietary information.
“Each piece of personal information that is subject to the breach can lead to damages of between $150 and $750 per breach,” Sean Nalty, a partner at Ogletree, Deakins, Nash, Smoak & Stewart in San Francisco, said. “It is important that companies make sure their culture and standards are focused on data privacy protections.”
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