Las Vegas, NV (PRWEB) April 17, 2012
2012 ETA Annual Meeting & Expo Identity Fraud, Inc. (IFI) (http://www.IdentityFraud.com) announces the availability of SB Core Protector, a combination of the Top 10 small business data theft risk management solutions for prevention, resolution and insurance resources. It provides five proactive layered security risk prevention components, three types of data theft insurance and two incident response services. Now small businesses nationwide have the ability to affordably secure the optimal solution for their various data risks. As criminals shift their attention to the SMB sector; data breach protection and insurance, business security, payment card compliance and small business identity theft solutions provided by companies such as Identity Fraud, Inc.will become essential for most small and medium sized businesses in the near future.
We are pleased to announce the release of our SB Core Protector programs at the ETA conference. The companies attending work with sensitive payment information and touch millions of merchants. Every business has a business identity, sensitive customer data, employees and compliance obligations. With the value of data being high and attracting thieves worldwide, protecting against data risks and identity crimes has become essential states Tom Widman, president and CEO of Identity Fraud, Inc.
Many companies keep sensitive personal information about customers or employees in their files. Having a sound security plan in place can help you meet your legal requirements to protect that sensitive information
While much of our focus here in Las Vegas remains on the risks and responses to the theft of payment card data, we are excited to broaden the discussion beyond PCI related obligations and underscore the need and opportunity to provide additional value. Our solutions complement and simply add more value to the industrys existing PCI compliance efforts, where we are able to provide more remedies to the various data risks we all have, whether or not we are PCI compliant. This includes broader protection for breach liabilities and the nations only comprehensive business identity fraud protection says Widman.
Dr. Larry Ponemon of the Ponemon Institute, states We recently conducted a Small Business Data Theft Risk Management study and the results were very telling. In summary, it indicated that over 20% of small businesses had already suffered a data breach. A general conclusion from the study was that small businesses do not have adequate measures or remedies in place to protect themselves. Small businesses generally lack the resources and expertise to fend off attacks as compared to larger firms. Additionally, an SMB having an attack or negligent error will experience problems that could prove catastrophic.
Every business has significant and real exposures to business identity fraud and separately, to data breach incidents involving customer information, trade secrets or other data assets. Although each involves a breach to data, to clarify the difference, a data breach is typically defined as the loss or theft of sensitive customer information, like an individuals name plus their Social Security Number (SSN), drivers license number, medical record or financial record/credit/debit card, which exposes the information to unauthorized use/fraud. An extract of notable data breach industry reports and statistics includes: