Lone Star Breach Reporting Service
Data breaches cost an average total cost of $4.35 million globally and $9.44 million in the United States. With penalties of $15,000-$100,000 for missing just one required report to authorities, 60% of small businesses cease operations within 6 months of a data breach.
Lone Star Document Management Solutions uses the best possible procedures to protect the records and data that are entrusted to us. We also partner with CSR Privacy Solutions, Inc. to help you keep all of the Personal Identifiable Information (PII) your business collects protected against data breaches and to protect your business if it does happen.
US Department of Labor defines Personal Identifiable Information (PII) as “any representation of information that permits the identity of an individual to whom the information applies to be reasonably inferred by either direct or indirect means.” Most companies have some PII on their employees, clients or customers, or vendors. The most common forms include Social Security numbers, birthdates, driver’s licenses, credit or debit card numbers, health information, and bank account information. Regulations continue to grow the list of protected types of personal data, including signatures, insurance information, physical description, security questions, ethnicity, place of birth, education history, and much more.
CSR’s Readiness Program will assess your company’s risk of a data breach and help to develop a plan to improve your protection and stay compliant with government regulations. Remediation steps will be assessed in each of the following areas:
- Privacy Policy and Privacy Notice
- Risk Management
- Meeting Compliance Expectations
- Information Security
- Incidence Response Procedures
- Training Requirements
- Continued Assessment
According to Statista.com there were 1,802 data compromises occurred in 2022. If your company has a data breach, CSR’s Data Breach Reporting Service will guide you in complying with regulatory reporting requirements, reducing the risk of civil and criminal penalties for incorrect reporting. The laws, regulations, and procedures for reporting a data breach can be complicated, and the timelines can be short. With one point of contact, CSR can help to simplify this process, provide you with the key parts of an incident response plan, and help you to rebuild the trust of your customers.
Lone Star Document Management Solutions is proud to partner with CSR in offering your business this patented system operated by Certified Information Privacy Professionals. If Personal Identifiable Information is lost, or suspected to be lost, call the toll-free number. A Privacy expert will interview you and get as many details as necessary. A privacy review panel will determine if the incident needs to be reported and to whom, and if notifications need to go to consumers. Once reports are filed, you will be notified of the report and whether consumer notification is required so that you can provide input for the implementation of consumer notifications.
Protect your company, the Personal Identifiable Information it needs to collect, and your company’s reputation with Lone Star’s partnership with CSR for the best Breach Reporting Service available.
