As a CHRO, you have a lot on your mind when it comes to the challenges of acquiring, developing and retaining talented employees. Being focused on compliance is also part of the daily responsibility for an HR leader. There is, however, one vital thread that runs through all these components: ensuring data security.
How organizational employee data is managed and retained should be top of mind for CHROs because breaches in data security seemingly happen every day. According to the Ponemon Institute, the average annual cost of a data breach in 2014 “was $3.5 million in US dollars and 15 percent more than what it cost [in 2013].”
