Partnership to help policyholders avoid data breaches

Organizations that hold a lot of personal customer data, including insurance brokers and financial institutions, are among the entities most vulnerable to increasing risks and costs associated with privacy breaches that can expose sensitive customer information, suggests Trisura Guarantee Insurance Company.

“Having appropriate breach preparation and response service can help Canadian businesses safeguard reputation, credibility and trust that could be damaged by exposure of customer data or could lead to business failure,” Richard Grant, senior vice president of corporate risk for Trisura, says in a press release.

Trisura has partnered with Identity Theft 911 (IDT911) to help policyholders defend against the risks and costs of privacy breaches. Policyholders have access to a number of tools, including an online website with resources to help business owners recognize data risks (including compliance laws and their notification requirements); access to IDT911’s online training tools to help businesses manage data liabilities; and on-call assistance to help handle a breach.