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First Advantage CREDCO presents

First Advantage CREDCO presents. Company Overview. First Advantage ranks among the top three companies in all of its major business lines. First Advantage is a leading risk mitigation and business solutions provider. HQ in St. Petersburg, FL NYSE : FADV Over 4,500 employees.

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First Advantage CREDCO presents

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  1. First Advantage CREDCO presents

  2. Company Overview First Advantage ranks among the top three companies in all of its major business lines. First Advantage is a leading risk mitigation and business solutions provider. • HQ in St. Petersburg, FL • NYSE : FADV • Over 4,500 employees

  3. The average cost is $4.7 million per breach — an average loss of 26,000 records at a cost of $182 per record.* DID YOU KNOW? * Ponemon Institute Research, Sept. 2006

  4. About $2.5 million reflects the estimated cost of lost business. This is a result from a lack of trust and confidence in the organization, which translates into abnormal or unexpected customer turnover.* DID YOU KNOW? * Ponemon Institute Research, Sept. 2006

  5. Organizations that fail to communicate a breach in a "clear, consistent and timely fashion" are four times as likely to experience customer churn. DID YOU KNOW? * Ponemon Institute Research, Sept. 2006

  6. What is SIRN? An acronym that stands for: Security Incident Response Notification. • Help prepare companies in anticipation of a security data breach. • Ease the transition in the event that a security breach occurs • Turnkey solution to mitigate the business risk a security breach poses. Many companies already have measures in place for data security. Very few are equipped to properly respond to a data breach.

  7. The SIRN Process? SIRN administers the entire breach notification and response process for you.

  8. Why Do You Need SIRN? Most businesses that have a problem may not know what it is until it’s too late. We have identified and internalized three main areas that will require critical support in the event of a breach: • Notifying your Consumers • Providing Customer Service • Offering Products and Services.

  9. Contact SIRN With SIRN as your partner, your organization will minimize the reputational, legal, and financial risks that you face when addressing data security breach issues. Contact an expert today. • p: (800) 710-1877 x6834 • e: SIRN@fadv.com • www.SIRNonline.com

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