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Article: Managing the risk of identity theft: thieves are no longer just content with your car or your laptop. They want to steal you, and the identities and private information of your employees and customers.(RISK MANAGEMENT)
- Article from:
- Risk & Insurance
- Article date:
- December 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Axon Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Identity theft is one of the fastest growing white-collar crimes in America. It is one of the few crimes where individual victims not only must prove that they have been harmed, but are also responsible for reclaiming their stolen identity.
Businesses can also be the victims of identity. theft, and like individuals, businesses can take steps ahead of time to prevent identity theft, including taking risk management steps that can reduce their exposure to liability related to identity theft, and obtaining coverages that can properly insure for losses related to identity theft.
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