SecurityMetrics Assurance Empowers Businesses to Operate Without Fear of Compromise
$100,000 retroactive breach coverage combats the 80% of businesses bankrupted after compromise
SALT LAKE CITY, Sept. 18, 2012 /PRNewswire/ -- To combat the rise of financial debilitation by breach compromise fees, SecurityMetrics released SecurityMetrics Assurance, a customized merchant liability reduction program that provides businesses the confidence to meet financial penalties if compromised. The product includes payment card data discovery software, breach coverage, data protection policy, and security consulting.
In addition to unlimited use of PANscan®, a software that allows users to search a business network for unencrypted card data, SecurityMetrics Assurance also provides retroactive coverage up to $100,000 per merchant identification number (MID). Breach coverage may be used for costs associated with fines, notifications, forensic investigation, payment card replacement fees, regulatory fines, and penalties related to PCI DSS (Payment Card Industry Data Security Standard) HIPAA (Health Insurance Portability and Accountability Act), GLBA (Gramm Leach Bliley Act) and more. The program also includes one hour of free consulting with a security specialist and a professionally written security policy to help companies implement secure card processing and handling practices.
"80% of small businesses that experience a data breach go bankrupt or have severe financial difficulties within two years1," said SecurityMetrics CEO Brad Caldwell. "Our goal is to protect and enable businesses with the option to reduce their own risk and liability so they can stop worrying about potential breaches and get back to nurturing their business."
To include SecurityMetrics Assurance as part of your business liability mitigation strategy, contact 877.364.9181 or email [email protected]
About SecurityMetrics (www.securitymetrics.com)
SecurityMetrics assists in protecting electronic commerce and payments leaders, global acquirers, and their retail customers from security breaches and data theft. The company is a leading provider and innovator in merchant data security and compliance, and as an Approved Scanning Vendor and Qualified Security Assessor, has helped over 1 million organizations manage PCI DSS compliance and/or secure their network infrastructure, data communication, and other information assets. Founded in October 2000, SecurityMetrics is a privately held company headquartered in Orem, Utah, USA.
1. Privacy Rights Clearinghouse, November 2010
SOURCE SecurityMetrics
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