Question:  Are background checks on all employees mandatory now?

Answer:  Not exactly. GLBA requires a program to protect consumer information. One component is background checks on employees who handle confidential consumer information. Also, federal law prohibits hiring someone who is a convicted felon. The question of performing checks on ALL employees is one of risk. Consider implementing as to new hires. You may be comfortable with the criminal history of existing employees. Also, check your employee handbook to make sure that you have reserved the right to spot check credit. Then make sure that you have prior written consent to get consumer reports (credit and investigative) as required by the Fair Credit Reporting Act!