Canadian businesses are encountering increased risks of privacy breaches, both from deliberate, targeted attacks as well as employee and vendor errors and negligence. The range of data considered to be sensitive and private is growing, and includes information related to financial accounts and transactions, health care histories, asset valuations and dispositions, and personal data such as family counseling records and even e-mails.
To help companies address these concerns and mitigate their risks, IDT911, an Arizona-based identity management and data privacy risk management services provider, is pleased to announce its expansion into the Canadian marketplace. IDT911’s products, which include data security education and training, proactive exposure mitigation tools, breach response services, and identity management services for consumers, will now be available to clients throughout Canada. The company will also offer its expertise to insurance carriers to create privacy products that fit their policyholders’ specific needs.
“We understand that privacy and data protection services aren’t one size fits all,” said Matt Cullina, chief executive officer for IDT911. “We’re demonstrating our commitment to Canadian companies by drawing on our expertise to develop solutions uniquely suited to their business and consumer base.”
The deep expertise IDT911 has in the data protection sector will be provided to small, midsized and large Canadian businesses as part of insurance policies offered through several carriers. Consumers place a tremendous amount of trust in Canadian businesses. Protection with IDT911 strengthens that bond between companies and their consumers. IDT911 also brings an accredited training methodology that ensures brokers have the tools and support they need to promote cyber security products and services to their clients.
“Small to midsized companies are increasingly at risk for privacy breach. Economical is pleased to partner with such an experienced and reputable firm as IDT911 to offer an affordable and proactive solution for these customers that is a first of its kind in Canada,” said Dianna Fioravanti, vice-president of commercial insurance at Economical Insurance. “Our insurance solution not only protects customers when a breach occurs, but offers businesses access to information and experts at IDT911 to avoid a breach in the first place. This is critical for businesses to protect their most important asset—their reputation.”
“Companies that have breach education and response services through a data risk management leader such as IDT911 are better able to retain that trust should data be exposed,” said Richard Grant, senior vice president of corporate risk at Trisura Guarantee Insurance Company. “As Trisura focuses on enterprise-level companies, we believe that offering this top-tier protection to our policyholders helps them not only safeguard sensitive information, but provides them with the advantage of an experienced breach support team with IDT911.”
To learn more about IDT911 data management and privacy breach services, contact 888-682-5911.