It helps you manage inventory, put in orders to suppliers, pay employees, calculate sales and even figure out financing information for customers. All aspects of your business are touched by your management system.
A breach could mean the loss of important company data, such as payroll, sales and tax information, and also customer personal and financial information. In the aftermath of a breach, not only could you face fines, but you could also be held liable for damages suffered by affected customers.
What is a valuable resource to you could be even more profitable for data thieves looking to access customers’ personal information. You have a legal responsibility to do everything you can to protect the personal information given to you by customers. It is important that you evaluate the security of your dealer management system and address any problems that you find.