March 1, 2005
In light of recent news events focusing on the protection of consumer information, we thought it might be important to reinforce the priority BIS places on protecting both your and your applicants’ information and maintaining the highest level of privacy. BIS understands that the information we provide can be damaging if put into the wrong hands, therefore we employ the use of a number of practices to safeguard against potential abuse.
While no security program can be deemed impenetrable, BIS mitigates any potential breach through the use of the following tactics. For security purposes, this list is not all inclusive.
- BIS confines the scope of our business to the pre-employment screening market segment (there are other permissible purposes for Consumer Reporting under the FCRA, but we intentionally limit our efforts to our area of expertise)
- BIS verifies that all new clients are registered businesses and maintain an active license through state incorporation records
- Credit bureaus have strongly recommended that all Consumer Reporting Agencies conduct a physical inspection of the administrative offices of new clients that will be requesting credit reports. Anticipating this trend, BIS adopted and surpassed this recommendation in 2003 by requiring a physical inspection for all new privately held clients, regardless of the services they intend to use.
- BIS estimates and monitors screening activity on a per client basis to ensure it is appropriate for a business in said industry of similar size
- BIS cross references each new client against a monthly watch-list furnished by the credit bureaus
BIS takes very seriously the trust that our clients place in us to maintain strict legal compliance and respect for your candidates’ privacy. We will continue to develop standards and practices designed to protect that trust.
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