Corporate Breach Protection
In the world of electronic commerce and database systems, businesses have become custodians of large amounts of detailed personal data. The company's confidential customer data is a prime target for hackers, disgruntled employees and identity thieves who can create untold financial and personal havoc for you and your customers.
Customers expect businesses to keep their sensitive, private information secure and the potential liabilities stemming from a data breach can be staggering.
Under most insurance programs, there is no coverage to specifically address the financial loss to the business and under the laws in most states, the business is required to provide full disclosure of the breach and full resolution services to all those customers whose personal data was disseminated. Responding to a breach after the fact is not only financially devasting but the damage to the corporate reputation is irrepairable.
Our Comprehensive Solution includes:
- Immediate notification to all affected customers while complying with the specific disclosure requirements of the various states. This first critical communication is paramount in maintaining the reputation of your business and your goodwill.
- Provide each customer with an ID Theft kit that includes access to a website with risk avoidance techniques and one year of credit monitoring to assist them with early notification of a potential problem.
- Provide ID Theft Resolution Services if the compromised information results in theft.
Employee Protection
Beyond the financial and emotional damage that victims must deal with is the enormous amount of time required to recover. Today most victims spend hundreds of hours over several yers trying to clean up personal and financial records and recoup fees and fines. If one of your employees becomes a victim of ID Theft, it may cause a major loss of productivity and revenue for your business. This crime will affect you and your employee.
Our Comprehensive Solution includes:
- Educational materials and resources to help prevent a loss.
- Credit monitoring to assist with early notification of a potential problem.
- Full Restoration Services - if a theft occurs, an ID Theft Specialist with real time access to the victim's credit records, will manage the entire recovery process and ensure that every aspect of the recovery has been addressed.
Association Plan - Voluntary Basis
ID Theft affects everyone and access to a comprehensive solution is limited to larger groups. An Association can offer its members, the opportunity to purchase this Comprhensive Solution through the Association at a group rate. The program is offered as an Association benefit and the administration is handled by our team of professionals. It's a win, win situation for the Association and its members.