Few things are as important to a business owner as the confidentiality of information. Knowledge is potential power, and should this information fall into the wrong hands, this potential power could wind up with a competitor. People and entities that do not have your company’s best interest in mind eagerly seek things such as client lists, company financials, employee information, and medical data.
So, the question that we are frequently asked is “Is a company’s confidentiality in jeopardy when it decides to use the services of a Professional Employer Organization
?” The answer is, no, it should not be, but remember that every PEO’s cyber security efforts differ. Therefore, it is an important topic to discuss while evaluating firms.