We’ll help you reduce the risks to your customers, employees and your business.
77% of respondents are concerned or very concerned about
loss or theft of their personal information.
- Ponemon Institute’s “Consumers’ Report Card on Data Breach Notification”
in March 31, 2008
Reduce Risks of Data Breach
Customers' addresses, account and payment information, protected health information, customers' and employees' Social Security Numbers - your organization gathers and is entrusted with a variety of sensitive personal information. As mandated by a complex maze of state and federal laws, you are responsible for the privacy of this Personally Identifiable and Protected Health Information (PII/PHI). And this responsibility extends to any third parties that handle PII/PHI on your behalf. Failure to protect it can have a variety of consequences, from legal liability to loss of trust that can severely damage your organization’s reputation and revenues.
The cost of a comprehensive data breach risk assessment is usually less than 1% of the average cost of responding and recovering from a data breach event, making it a wise business investment. With years of experience helping America’s foremost corporations, government agencies and universities respond to data breaches, ITFS knows first-hand how breaches happen and how best to prevent them or significantly reduce their impact. We have the experience, proven best practices, and complete range of services to help your organization deal with the risks of data breach.
- Risk assessment by our IAPP-certified experts will give you a comprehensive and cost effective view into PII/PHI data specific risks throughout your organization
- Risk mitigation services include development of privacy and security policies plus personnel training and crisis planning and preparedness.
- Risk management services include monitoring, detection and reporting so you can be vigilant in preventing, detecting and responding quickly to any incidents.
Outsourced Data Breach Response
Each year, despite extensive security efforts, millions of personal records are compromised as a result of corporate and public-sector data breaches. You can spend a lot on mandated notification and PR and still end up with lost business, lost customers and litigation. Identity Theft Fraud Solutions can help mitigate the risks to your customers, employees and your business while saving you money on breach response.
According to the Ponemon Institute, lost business accounts for 65% of data breach costs. People who have a bad experience are "increasingly prone to terminate their business relationship," and the cost of acquiring new customers also increases, as people share their bad experiences with others.
Our digital forensics services along with our Breach Respond help your business understand the cause and scope of the breach incident and its potential customer or employee impact. With this knowledge in hand, we help you to fully remediate the situation by ensuring breach victims have prompt, clear and appropriate notification, effective protection, and fully managed recovery from ID theft. Our experts help control breach response costs, including direct costs, legal risks such as future class-action litigation, and revenue loss due to customer dissatisfaction, with the most comprehensive, tailored data breach response services available anywhere.
Our breach response services include:
- Notification services that cover scoping and forensics of breach causes and risk containment, remediation recommendations to protect your business and customers, and customized notification and customer interface
- Protection services that help provide breach victims with satisfaction and security, protecting their identities and your business reputation
- Recovery services, fully managed by our expert team to ensure that people affected by a breach are undamaged by identity theft.