30 | spring 2016 cmba-achc.ca CMB MAGAZINE
datadefense
Ensure your company's private information stays
private with a comprehensive cybersecurity plan
By Ray Basi, LL.B.
staff, Education and PoLicy REviEw
Battling
the Breach
youR vaLuaBLE infoRmation – As a
mortgage broker you collect a lot of sensitive
information about your clients, lenders and others
(such as banking particulars, credit card numbers,
income tax returns, employment records,
government-issued identification and licences,
and
particulars about assets).
is data is not only valuable to you but to
would-be fraudsters, particularly those willing to
commit identity fraud. As well, there is an exten-
sive market for this kind of information, with the
buyers
ranging from casual fraudsters to organized
crime outfits. Beyond that, there are people who
want to compromise your information just to be
malicious, modern-day vandals.
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