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Table of Contents

Lead Story

Agent playbook on vetting partners

News

Industry Update

MCX, a non-Apple, non-NFC mobile wallet

CFPB gives RTPs more time

Funding options for IADs

Features

Prepaid metering benefits African water needs

The ins and outs of mobile banking for businesses

Views

Guilt by trade association: The crackdown on legitimate law-abiding businesses

Theodore F. Monroe
Attorney at Law

Education

Street SmartsSM:
Are you selling or telling Part 3: Everyone likes to smile

Tom Waters and Ben Abel
Bank Associates Merchant Services

Let's get vertical

Dale S. Laszig
DSL Direct LLC

Managing your ISO during the first year: 10 tips

Aaron Nasseh
Finical Inc.

The benefits of mobile payments

Michael Gavin
Merchant Warehouse

Company Profile

Merchant Cash and Capital LLC

New Products

Tokenization secures all channels

Enterprise Tokenization
Total System Services Inc.

Managed plan for data breaches

Data Incident Management Program
Conformance Technologies

Inspiration

Pedal to the park, not to the metal

Departments

Readers Speak

Resource Guide

Datebook

A Bigger Thing

The Green Sheet Online Edition

September 22, 2014  •  Issue 14:09:02

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New Products

Managed plan for data breaches

Product: Data Incident Management Program

With the rising incidence of high-profile data breaches at big-box retailers, smaller brick-and-mortar merchants are well advised to have an action plan for dealing with such incidents within their own establishments. Left unmanaged, not only can breaches have a devastating impact on businesses in terms of mitigation costs, but the damage to reputation is often irreparable.

The Data Incident Management Program by Conformance Technology is the latest offering from the data risk and compliance provider. Designed to help merchants of all sizes react quickly, proactively and professionally in the event of a data incident, the program's objectives are to reduce the scope of harm to merchant businesses and minimize out-of-pocket expenses incurred.

"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," said Darrel Anderson, President of Conformance Technologies.

Services include a full forensics investigation, review and reporting of incidents in compliance with regulatory mandates. Coverage also includes up to $1,500 in POS equipment replacement costs per merchant ID and up to $10,000 in legal services from a law firm that specializes in data loss and compromise issues. The service provides issuance of proper data incident notifications, including those to consumers, along with professional communications services.

Additional benefits of the Data Incident Management Program include:

Spotlight Innovators:

USAePay | Impact Paysystems | Electronic Merchant Systems | Inovio | Board Studios, Inc.