Identity Theft 911 Veteran Expert Speaks on Identity Theft and Data Breach at Insurance Conference

SCOTTSDALE, Ariz., Sept. 21 /PRNewswire/ -- Identity Theft 911 Director of Business Development David Speciale will brief insurance professionals on the financial toll of identity theft and data breaches, changing state and federal regulations, and comprehensive data breach response plans at the Chartered Property Casualty Underwriters (CPCU) Society annual meeting on Sept. 25-28 in Orlando, Fla.

(Logo:  http://photos.prnewswire.com/prnh/20031122/SFSA001LOGO)

(Logo:  http://www.newscom.com/cgi-bin/prnh/20031122/SFSA001LOGO)

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.

"In a common breach scenario, where thousands or tens-of-thousands of company records are breached, you can see very quickly how this can affect the bottom line of an insurance company and its clients," Speciale said.

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. 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.

The CPCU Society is a professional association of credentialed Property and Casualty insurance professionals. More than 28,000 members hold the CPCU designation, which requires passing rigorous undergraduate- and graduate-level examinations, meeting experience requirements and agreeing to a strict code of professional ethics. The CPCU Annual Meeting and Seminars regularly draws thousands of insurance professionals from across the country.

About Identity Theft 911

Identity Theft 911 is the nation's premier identity theft and data breach management, resolution and education service. The company serves more than 30 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 http://www.identitytheft911.com and our Knowledge Center at http://www.identitytheft911.org.

SOURCE Identity Theft 911