Data Security News

TransUnion Unit to Pay $37 Million in Data Misuse Settlement 

In today’s data-driven world, the stakes have never been higher. The recent $37 million settlement involving a TransUnion unit serves as a stark reminder of the importance of data security. The deal, struck with the Department of Justice over allegations of data misuse, sends shockwaves through the industry and emphasizes the repercussions of failing to safeguard sensitive information.

In the wake of this scandal, it’s time for companies to take action. HR departments should reassess their data security protocols, and invest in cutting-edge solutions to mitigate risks. Enter the Vault EDGe Gateway. This innovative platform offers real-time APIs, allowing companies to uphold employee privacy and security standards, while avoiding the pitfalls of centralized databases. With the Vault EDGe Gateway, companies can rest assured knowing that their HR data is safeguarded against potential misuse and breaches.

“TransUnion Unit to Pay $37 Million in Data Misuse Settlement” appeared on bloomberglaw.com on March 12, 2024.

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