Combating HR Data Threats

HR teams need to be equipped with cutting-edge digital tools and an HRMS with advanced security features to make sure that the employee data stays secure, both on-premise and cloud

- Vicky Jain

Whilst innovative, smart technologies have certainly made life convenient and easier for us, it has also paved the way for multiple threats like hacking, security breach and data theft. As per reports, losses from cybercrime skyrocketed to almost $1 trillion in 2020. Cyber security violations are a big threat to organizations and can incur big losses for businesses.

How secure are HRM solutions in the era of cybercrime and data frauds?

The HR department is entrusted with some of the most sensitive data and key details related to employees. Therefore, to mitigate the risk of any threats, HR teams need to be equipped with some of the best applications and tools to treat employee data with the care it deserves. That's where HRM solutions can play a big part. With up-to-the-minute intelligence and hi-tech security, today's HRMS tools are equipped to secure private employee data and ensure global regulatory compliance.

Recent research has shown that HR leaders are putting in more time and resources towards data security. According to the Sierra-Cedar HR Systems survey 20192020, there has been a 17 per cent increase in the number of respondents utilizing cybersecurity strategies as compared to the previous year.