Misrepresentation of Identity
Businesses can install sophisticated software to verify the authenticity of the people they deal with. In spite of this, firms should remain vigilant so that their credibility is not undermined by security breaches. There is a wealth of information available on a wide range of subjects on the internet.
Some of the information, however, may not be reliable. A firm must ensure that the information it uses is accurate and reliable. A failure to perform this can result in embarrassment, diminished reputation, a legal proceeding, or financial loss.