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For Immediate Release
CONTACT: R.M. Tracy (303) 648-3496
May 4 , 2007
8 IN 10 SAY THEY’D FIRE A COMPANY THEY SEE AS A RISK TO THEIR PERSONAL INFORMATION
DENVER, Colorado — Former FBI Special Agent R.M. Tracy, President of the Privacy Trust Group, points to this statistic as proof that Americans are finally getting wise to corporate liability when it comes to their private information. “And if companies want to stay alive in this post-9/11 climate,” Tracy says, “they’ll learn to protect their customers’ information.” Privacy & American Business, a non-profit, non-partisan public policy think tank exploring global issues of consumer privacy and data protection, conducted the study that came to this business-threatening conclusion.
 Privacy Trust Group has developed a Corporate ID Theft Liability Seminar as part of its Information Security and Privacy Audit and Policy development process. “Our unique program streamlines the process of identifying and correcting information security and privacy weaknesses,” Tracy says. “Even smaller companies need to wake up to the fact that they are liable for stolen customer information. We help them protect information, mitigate liability and use their efforts as a marketing tool to grow their businesses.” This seminar, part of Privacy Trust Group’s new Certification Program for IS and risk management professionals, helps businesses audit, develop policies and implement appropriate information protection measures, thereby mitigating ID theft liability and potentially saving them millions of dollars.
Employees of Terra Firma, a Professional Employer Organization based in Denver, took part in Privacy Trust Group’s Corporate ID Theft Liability seminar. “The training that the Privacy Trust Group provided our company was an eye-opener…very beneficial,” says Tim Walters, Manager of Client Safety. “While we manage personnel information carefully, we hadn’t realized the areas where it might be vulnerable. PTG also helped us with designing procedures and protocols in critical areas, and with writing some new policies. Policy writing can be laborious without someone walking you through it and reminding you that company policies don’t need to read like the Code of Federal Regulations, but they need to inform the user in specific, reliable and sensible ways.”
According to Tracy, this employee education and feedback process is the key to streamlining and financial savings on the audit and policy development process. After holding a Privacy Trust Group class for all of their employees, Waters Capital Advisers President James J. Waters took action to make sure they were implementing appropriate ‘Information Protection Best Practices’ outlined in the class. “Since (we) are involved in financial consulting and asset management,” he says, “we were particularly enlightened, moved and entertained by this informative (program.)… Insights and suggestions for protection of our businesses will be an integral part of our internal processes going forward for the protection of ourselves and our clients."
The class is modified for executive groups, information and risk management professionals and all employees of an organization as they should all be involved in information security and privacy auditing or policy development.
For more information, call R.M. Tracy at (303) 648-0119.
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