NEW YORK, June 11, 2020 /PRNewswire-PRWeb/ -- Leading national eDiscovery and digital forensics company BIA announced today that its data breach response service, Data Breach Discovery™, has won a Bronze Stevie® Award in the New Product & Service category in the 18th Annual American Business Awards®.
"We are honored to receive this award that recognizes the niche we fill in data breach response services," said BIA President & CEO Brian Schrader. "Unfortunately, data breaches have become extremely common and require swift actions and notifications which most organizations simply aren't prepared to handle. Our technologies and workflows ensure that this process is handled quickly, comprehensively and correctly."
There were 1,473 data breaches reported in 2019, with more than 164 million records exposed, according to Statista. Even seemingly secure organizations have become susceptible, such as U.S. Customs and Border Protection, which suffered a breach in 2019 that compromised photos of travelers and license plates.
To help minimize damage to people who have sensitive information stolen, state governments are implementing regulations requiring companies to identify the compromised data and notify affected individuals. Some states are requiring that this is done within a short period, such as 30 days. Most data breach response services don't handle identification or provide details about what data was compromised, so companies have to manually deal with that work on top of repairing the breach. Data Breach Discovery ensures compliance with data breach reporting regulations, and it minimizes the risk of companies being charged with intentionally withholding information, which could instigate further damage or litigation.
"We know how to find the files, data and information companies need to meet their reporting obligations," said Schrader. "We help organizations leverage many of the tools, processes and workflows that already exist to help them deal with a data breach and give them peace of mind."
The Data Breach Discovery process includes data collection and assessment, advanced analytics, forensic investigation, review, reporting and quality control. BIA uses specific tools and trained personnel to find and review that data, a process which can involve thousands or even millions of documents and other digital records in a single breach incident. BIA's experience in the eDiscovery industry, combined with its artificially intelligent technology and resident team of licensed attorneys, allows for a secure, controlled environment for responding to data breaches. This combination is an uncommon but needed approach to data breach response. Companies can rest assured that, with BIA's help, all compromised data can be identified and that prompt and accurate notifications and reporting requirements can be met in a timely and cost-effective manner.
"This new service represents the innovative spirit that flows through BIA. Our team is constantly coming up with ways to use our sophisticated technology to meet companies' legal and compliance needs," said Mark MacDonald, BIA's senior vice president of business development. "When it comes to eDiscovery and digital forensics, our goal is always to make our clients' lives easier. With Data Breach Discovery, we are extending that mantra to every company in the world."
The American Business Awards are the U.S.A.'s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.
More than 3,600 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration in a wide range of categories. Nicknamed the Stevies for the Greek word meaning "crowned," the awards will be virtually presented to winners during a live event on Wednesday, August 5. Tickets for the virtual event are now on sale.
More than 230 professionals worldwide participated in the judging process to select this year's Stevie Award winners.
"Despite the toughest business conditions in memory, American organizations continue to demonstrate their commitment to innovation, creativity, and bottom-line results," said Stevie Awards president Maggie Gallagher. "This year's Stevie-winning nominations are full of inspiring stories of persistence, ingenuity, resourcefulness and compassion. We celebrate all of their stories and look forward to showcasing them during our virtual awards ceremony on August 5."
Details about The American Business Awards and the list of 2020 Stevie winners are available at http://www.StevieAwards.com/ABA.
About BIA
As an industry pioneer, BIA continues to set the standard for reliable, innovative and cost-effective eDiscovery services. Its customer-first focus has resulted in countless innovations copied widely across the industry today. From technical innovations like truly remote data collections and the first cloud-based, end-to-end eDiscovery platform to service revolutions like reusing data and coding across matters and hiring dedicated, full-time employees for document review, BIA consistently stands at the leading edge of the industry. Founded by legal and technology professionals, BIA provides the entire spectrum of eDiscovery services – including attorney document review – with minimal disruption to its clients' daily business operations. To learn more, visit BIA at http://www.biaprotect.com or on Twitter at @biaprotect.
About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
SOURCE BIA
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