With industry-proven prevention and tactics an insurance company can dramatically decrease the likelihood of deep financial and reputation damages that can happen overnight with a data breach or cyberattack
Scottsdale, AZ (PRWEB) October 12, 2010
Identity Theft 911 Director of Business Development David Speciale will teach a for-credit continuing education class on identity theft risks, identity management strategies, information security compliance and data breach notification plans at the Rural Mutual Insurance Company Agents and Managers’ Meeting on Oct. 13 at the Kalahari Resort in Wisconsin Dells, Wisconsin.
PrivacyRights.org cites over 510 million sensitive records compromised in data breaches from 2005 through 2010. Lost business is the most costly outcome, with an average cost of $204 per compromised customer record, the Federal Trade Commission reported.
“We applaud Rural Mutual for stepping up on these emerging risks and we’re exited to train their experts,” said Identity Theft 911 CEO Matt Cullina. “Thieves are getting more sophisticated, and education is the best tool for defense. Policyholders are universally concerned about the threat of identity fraud. Insurance agent surveys verify that identity theft services are a conversation starter and a differentiator.”
Identity Theft 911 partners with businesses and governments to fight cybercriminals with the latest in breach security, data breach notification, information compliance, computer incident response and identity theft management. Identity Theft 911 experts regularly educate corporate and government professionals in identity theft trends and best prevention practices.
“With industry-proven prevention and tactics an insurance company can dramatically decrease the likelihood of deep financial and reputational damages that can happen overnight with a data breach or cyberattack,” Speciale said. “From agents to executives, everyone with a stake in the game wants to be aware of the changing digital landscape.”
Identity Theft 911’s LifeStages™ Identity Protection service protects insurance companies, and in the event of a data breach or identity theft situation, provides policyholders with a dedicated access to a fraud specialist for personalized, one-to-one assistance. The Breach Services program enables a business to protect existing and prospective customers, employees and anyone else with identifiable information contained in a breached database. This data breach program provides 24/7-access to highly trained fraud specialists who assist with credit fraud alerts, notify creditors and handle inquiries prompted by the notification.
A former insurance industry executive, educated in the law, Speciale brings more than a decade of experience in breach security and information management to help businesses secure their data. Speciale has held senior management positions throughout the United States with Allstate Insurance Company and internationally with AIG as Vice President for South East Asia.
About Rural Mutual Insurance Company
With more than 150 agents in more than 100 locations, Rural Mutual offers undivided attention in insuring what’s valuable to Wisconsin residents. Recognized as one of Ward’s top 50 property-casualty companies in the United States and rated “A Excellent” by A.M. Best, Rural Mutual has been proving first-rate service for more than 75 years.
About Identity Theft 911
Identity Theft 911is the nation’s premier identity theft and data breach management, resolution and education service. The company serves 36 million people across the country and provides fraud solutions for a range of organizations—including Fortune 500 companies, the country’s largest insurance companies, corporate benefit providers, banks and credit unions and membership organizations. For more information, visit our website and our Knowledge Center.