Privacy Risk Solutions

© 2012 Preferred Concepts, LLC.

www.preferredconcepts.com/advantage

Titania Levytlevy@

preferredconcepts.com p: 860.280.2156

Preferred Advantageis a division of

Preferred Concepts, LLC.100 Pearl Street, West Tower, Fl. 2

Hartford, CT 06103p: 860.527.9717 • f: 860.527.2438

Hartford • Kansas City • New Jersey • New York • Westport

Contact Us

Gulp.

The Blame Game

You don’t have to be in the data game to be at risk for data blame. Privacy risk occurs all day every day, when a business:

• takes in employee or customer social security numbers

• processes credit card details• utilizes bank account information• stores or accesses health care records or other

non-public information.

Don’t panic. We’ll help you get your client prepared for the blame game.

• Lost or stolen laptops, media, back up tapes and thumb drives

• Viruses• Employee misuse

The RiskPrivacy breaches are frequent and fierce. Typical breach scenarios include:

• Improper disposal of paper records

• Computer hacking

• Notification costs (estimated at $204 per record)

• Defense costs• Regulatory fines &

penalties• Crisis coverage / public

relations

The ImpactData and privacy breaches are undeniably expensive. Consider:

• Credit monitoring costs (estimated at $20 - $30 per record)

The SolutionPrivacy and data breach coverage is designed to protect your client from the financial and reputational impact associated with data breach or other cyber loss.

Minimum premiums start as low as $350 for coverage that could be priceless.

Preferred Advantage knows the cyber marketplace and can find you creative solutions for your toughest privacy risks.

Contact us today to learn more!

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