AUSTIN, TEXAS and DENVER, COLORADO (PRWEB) April 14, 2006
American DataBank (ADB) has announced the addition of Vincera, Inc.’s VAM! Intelligent Protection™ Application to protect, monitor and manage ADB’s e-distributed background screening reports that contain personally identifiable information (PII). American Databank provides web-based employment pre-screening services to governments, schools, colleges, and businesses ranging from local companies to Fortune 500 global enterprises. This document tracking application can monitor the document usages, follow where the document is distributed, and can destroy the documents if needed. This information distribution technology will enable their clients to track and manage access to all content and products American DataBank provides over the Internet.
Employer is a major source of Identity Theft
According to Michigan State University, a study found that 51% of all identity thefts occur in the workplace. About 90% of business record thefts involve employment records and payroll. American DataBank has acquired new technology to enhance the protection against identity theft or illicit use of employment screening records, which include all PII. In recent studies, the Better Business Bureau and Jevelin Research have shown that 9.3 million people were affected by identity theft in 2004. Identity theft can become very costly depending on what information has been stolen. American Databank understands how crucial it is for an employer that handles personal information to take the proper steps to eliminate such a breach in security.
Toshi Akiyama, CEO of American DataBank, states: "The protection of personal information is a paramount of data security and American DataBank as a leader of web-based background screening has committed to provide the best and most reliable technology to our clients. Now, we're extending that leadership to the protection of Personally Identifiable Information. With Vincera's Intelligent Protection™ Application, the document becomes trackable and can be de-activated. We are providing the best in security protection service by protecting every e-distributed background report from theft, alteration, or illicit use”.
What is VAM! Intelligent Protection (VIP)
VAM! Intelligent Protection™ (VIP) is an information distribution technology that greatly reduces the risk of security breaches inherent in the e-distribution and storage of sensitive data by enabling background screeners to set business-driven rules to secure, track and manage the distribution of content that contains PII--even beyond the company's corporate firewall and known universe of users. With VIP, the background screener can easily customize distribution according to the desired business rules of their customers. For instance, a background screener or an HR department may decide to track how the documents containing sensitive information are being distributed, and track the number of machines that the document is being accessed by (potentially identifying a “breached” document); or, with the click of a button, the VIP customer can protect sensitive information from all but an approved base of users and machines, at specific times, simultaneously preventing the further distribution of such data.
Stated Dave Malmstedt, CEO of Vincera, "Our federal government is increasingly supportive of measures that not only protect American citizens' PII, but that sanction companies failing to do so. The recently passed House Bill H. R. 3997, for instance, sets a new national standard for data security, and all indications are that more such legislation is on the way. With our VAM! Intelligent Protection software, Vincera is proud to be at the forefront of providing background screeners the ability to manage all access to their e-distributed reports beyond their corporate firewall, which aids not only the screeners but also aids their clients in meeting the letter and the spirit of the law. We are pleased to assist ADB as they lead the industry yet again, this time by initiating a higher level of protection of PII."
About American DataBank (ADB)
American Databank was launched in 1998 as the first web-based employment screening service. American DataBank is a founding member of the National Association of Professional Background Screeners (NAPBS) reflecting American Databank’s position as a leader in the background check industry. American Databank understands the importance of legal compliance, data accuracy and information security providing their clients with complete employment screening solutions. American Databank features customizable employment screening packages, flexible ordering and reporting systems with the world-class customer service you expect and demand from your HR partner. American Databank can help provide you with the information you need to make informed hiring decisions. For more information, please visit:http://www.americandatabank.com
About Vincera, Inc.
Vincera, Inc. is the business process improvement company, whose software monitors businesses' end-user web-based behavior, subsequently delivering predictive analytics that enable businesses to retain and upsell existing customers. Vincera's software also allows their clients to track and manage the distribution of intellectual property and content that contains personally identifiable information in a process Vincera labels "business friendly distribution," because businesses are in charge of how they use the resulting information. Based in Austin since its launch in 1999, Vincera's core team has emerged from the information technology industry with extensive go-to-market expertise and has delivered a solution with more than 75 staff-years of development investment. Consequent to their expertise, Vincera has combined three vital business process improvement services-- behavioral monitoring, predictive analytics, and information distribution technology--in one software tool.
Vincera is a member of the National Association of Professional Background Screeners (NAPBS). For more information, please visit: http://www.Vincera.com
Safe Harbor Statement
Matters discussed in this press release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements relate to future events or future financial performance and involve known and unknown risks and uncertainties that may cause actual results or performance to be materially different from those indicated by any forward-looking statements. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties. Some of the things that could cause actual results to differ from expectations include, but are not limited to, risks and uncertainties associated with the impact of economic, competitive and other factors affecting the Company and its operations, markets, product, and channel performance, the impact on the national and local economies resulting from terrorist actions, and U.S. actions subsequently; and the Company's ability to attract and retain qualified personnel and other factors detailed in reports filed by the Company with the Securities and Exchange Commission (http://www.sec.gov). All of the forward-looking statements are qualified in their entirety by reference to the risk factors discussed in the Company's SEC filings. These risk factors may not be exhaustive. The company operates in a continually changing business environment, and new risk factors emerge from time to time. Management cannot predict such new risk factors, nor can it assess the impact, if any, of such new risk factors on the company's business or events described in any forward-looking statements. The company disclaims any obligation to publicly update or revise any forward-looking statements after the date of this report to conform them to actual results.
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