In a financial institution, employee theft is always a concern and that risk is amplified by the current state of the economy. Normally honest employees may resort to theft if they are facing tremendous financial burdens at home. Employees may also be motivated to steal if they were given extra responsibilities after others were terminated without an increase in compensation. It is important that you recognize this risk so that you can take action to prevent it.

In an effort to protect the privacy of consumer information and reduce the risk of fraud and identity theft, the federal government created the Disposal Rule. This legislation requires businesses to take appropriate actions to dispose of sensitive information derived from consumer reports to safeguard against identity theft crimes.