MONTREAL, Jan. 8, 2014 (GLOBE NEWSWIRE) -- IDT911, a leader in identity management and data risk management services, is proud to announce two new tools to assess the risks and costs associated with small business privacy breaches: the Data RiskCompass™ and the Breach Expense RiskCompass™.
Data RiskCompass and Breach Expense RiskCompass are innovative online tools exclusively available to IDT911 partners as part of the company's enhancement to its DataRiskStages® privacy breach services. Together, the tools bring awareness to the risks affecting small businesses and drive discussion towards the right behaviors and coverage for the business.
The interactive Data RiskCompass provides a value-added benefit to partners by helping to educate their small business policyholders about behaviors that may put sensitive information at risk of a privacy breach. More than standard underwriting questions, policyholders will answer a series of simple questions to obtain their privacy breach risk score of 1 to 100. Then they can easily map out the weaknesses in their company's data security and obtain best practice tips on how to eliminate them. Breach Expense RiskCompass helps insurance brokers to better promote privacy breach coverage policies and makes it easier to determine appropriate coverage limits for commercial policyholders in this emerging market.
"As a company that caters to the insurance industry, we're always looking for ways to make the brokers' job easier and help them educate their clients," said Matt Cullina, Chief Executive Officer of IDT911. "These tools give brokers the information they need to recommend coverage limits for emerging risks, giving brokers another customer touch point and increasing a cyber-insurance or privacy breach insurance sale."
For more information or for a demonstration, contact IDT911 at 888-682-5911.
About IDT911
Founded in 2003, IDT911 is North America's premier consultative provider of identity and data risk management, resolution and education services. The company serves over 17.5 million households across North America and provides fraud solutions for a range of organizations, including Fortune 500 companies, North America's largest insurance companies, corporate benefit providers, banks and credit unions and membership organizations. Since 2005, the company has helped more than 600,000 businesses manage their risk of data breaches. IDT911 is the proud recipient of several awards, including the Stevie Award for Sales and Customer Service and the Parent Tested, Parent Approved award for social networking monitoring tool SocialScout. For more information, please visit www.idt911.ca, www.facebook.com/idt911 and www.twitter.com/idt911.
For more information, please contact IDT911 PR Manager Kelly Santos at ksantos@idt911.ca.
IDentity Theft 911 Announces New Tools to Help Brokers Assess Clients' Privacy Breach Risks, Costs, and Coverage Options
Data RiskCompassTM and Breach Expense RiskCompassTM are designed to guide small businesses into making easy changes and select the appropriate coverage for their individualized needs
| Source: Identity Theft 911