HR Data Security: How Secure Is Your SaaS Deployment
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Overview: Human Resources (HR) data is one of the most sensitive forms of information any organization maintains. Ensuring the security of this data is therefore critical not only to preserve the sanctity of employees’ highly personal information, but also to minimize legal risk to the organization as a whole. This issue takes on even more importance as organizations choose to deploy their talent management systems via a software-as-a-service (SaaS) delivery model. With the costs of a data breach estimated at an average of $6.6 million per incident in 2008, organizations need to ensure that they choose vendors that have secure SaaS solutions. The good news is that there are talent management vendors that provide both secure SaaS deployment and on-premise options to ensure strong security for your HR data. This guide on HR data security outlines key issues in evaluating SaaS solutions from talent management vendors and provides questions important to ensure the success of your talent management project. Software-as-a-Service (SaaS) has become one of the fastest-growing deployment models for talent management applications in the past few years. This success has brought about many benefits including lower up-front fees, reduced administration costs, less burden on IT resources, among others. However, many SaaS vendors neglect the fundamental requirements of ensuring your HR data is as secure as it can be.