Which step should businesses take to protect against identity theft?

Conducting regular employee training is a vital step for businesses to protect against identity theft. This training equips employees with the knowledge and skills necessary to recognize and respond to potential threats and helps foster a culture of security awareness within the organization. It educates staff on safe data handling practices, the importance of safeguarding personal information, and how to recognize phishing attempts and social engineering tactics that identity thieves may use. By actively engaging employees in these discussions, businesses can significantly reduce the risk of accidental data breaches and enhance their overall security posture.

In contrast, retaining personal information indefinitely can increase the risk of exposure if that information is compromised. Encouraging the sharing of passwords undermines security protocols, as it facilitates unauthorized access to sensitive data. Limiting access to physical storage sites only offers a narrow approach to identity theft prevention as it doesn't address digital security measures and practices that are equally critical in today's technological landscape. Thus, regular employee training stands out as the most comprehensive preventive measure.