Financial Operations

Aug 7, 2014

Conformance Technologies launches data incident management program

Las Vegas, NV – Conformance Technologies, a provider of operating systems, education systems, and expertise used in managing business compliance requirements, has launched its ‘Data Incident Management Program’. The p rogram is a comprehensive suite of services that provides expert assistance in the event of a data incident, giving merchants ‘ease’ of mind while at the same time enhancing business performance by saving time and money. Program components include data incident forensics, POS equipment or software replacement, $10,000 in legal services and legal notifications, consumer notifications, and public relations management services.

With a multitude of recent high profile data breaches occurring at retailers like Target and Neiman-Marcus, plus malware targeting small merchants resulting in thousands of breach events, businesses from mom-and-pop shops to big-box retailers now realize that they are at high risk of a data incident. Left unmanaged, these incidents can be catastrophic in terms of reputational damage and mitigation costs. Conformance Technologies’ Data Incident Management Program helps merchants of all sizes react quickly, proactively and professionally, eliminating as much business harm and out-of-pocket expense as possible.

Besides helping protect merchants, the p rogram creates significant revenue-generating opportunities for resellers and aggregators who manage groups or portfolios of businesses and consumers, including merchant acquiring and Independent Sales Organization (ISO) entities. Typically portfolio operators charge a small monthly fee for the program, rather than a per incident fee.

“Our company goal is to provide a perfect mix of conformity and performance,” says Darrel Anderson, president of Conformance Technologies. “We do this by creating products and services that allow both portfolio operators and their end-user customers the ability to easily manage and measure a variety of compliance and operational tasks,” adds Anderson. “Our new Data Incident Management Program is an integrated service offering that easily manages all aspects of a data incident, reducing costs for all parties involved while ensuring a professional resolution to issues,” continues Anderson.







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