02 Jul Virginia Employees Gets New Identity Protection Starting July 1
The new legislation passed by the General Assembly compels Virginia employers to notify affected employees and the Office of the Attorney General in the event of data leak that includes an employee’s Tax Identification number and Income Tax Withheld.
Attorney General Mark R. Herring revealed that many employees with stolen data information are oblivious that they are identity theft victims until serious repercussions arise.
Stolen payroll data are used by criminals to file fraudulent tax returns using victim names and information. This results in the perpetrators acquiring tax refunds and victims being unable to file tax returns in their state tax departments or the IRS.
Once a business is made aware of a breach, they must notify local law enforcements and affected victims without delay. Information on how to report data leaks for businesses are available here.
Source: Alexandrian News