Privacy and Identity Theft Services Summary

Privacy Requirements and Risks

All companies, regardless of size, that are involved in financial transactions or collect personal information from their customers, are required under a number of federal and state laws to keep customer information secure and establish and enforce information security programs. 

The risk of non-compliance of these laws is significant.  Loss of a customer’s private information can cost a company thousands, if not millions of dollars in fines and penalties as well as legal fees to defend civil or criminal charges.  In addition, the loss of a customer’s trust and a company’s reputation is immeasurable.

Services

Strategic Technology Services (STS) provides the following privacy and security-related services to corporate clients:

• Risk assessment as it relates to federal and state privacy legislation, e.g., Gramm Leach Bliley (Safeguards Rule), the Federal Trade Commission’s Privacy Rule, FACTA and CA SB 1386 (data privacy and disclosure)
• Development, documentation and implementation of a company privacy and security policy
• Employee training and confirmation on a company's privacy and security policies
• Development and implementation of a customer ID Theft assistance and support program

Company Summary

Although security “standards” are required under federal legislation, the laws themselves do not describe how to implement or maintain an information security program.  The Federal Trade Commission (FTC) has stated that all companies must take “reasonable steps” to maintain sensitive information, regardless of the size of the company.

STS works with companies to develop comprehensive privacy programs to ensure that their information is secure and that they have documented processes and procedures in place.  This approach is designed to mitigate their risk and protect their customers from the personal issues associated with data breaches and identity theft.

STS can help a company to develop an effective company privacy policy that will protect the information and identities of its customers and employees and in the process, assist with compliance of current and future privacy and security laws.

For additional information, please contact Eric Nelson at 714-612-0367 or enelson@stop-id-theft.net.

Eric L. Nelson

Privacy and Risk Management Consultant

Biography

Eric Nelson is a senior partner and director of the Privacy and Risk Management practice for Strategic Technology Solutions, LLC (STS), headquartered in Newport Beach, CA.

As a privacy and risk management consultant, Eric works with companies to develop comprehensive privacy programs to ensure that their information is secure and that they have developed documented processes and policies to mitigate their risk and protect their customers from the issues associated with data breaches and identity theft. 

Eric has an extensive background with security and compliance applications, including Sarbanes-Oxley (SOX) compliance, the Homeland Security Container Security Initiative (CSI), and secure Internet validation and authentication platforms.  He is currently a member of the Liberty Alliance – ID Theft Special Interest Group and a member of the IT Compliance Institute.

Eric’s past legislative and advisory experience includes:

·         Member of the Arizona Telecommunications Legislative Committee

·         Member of the CompTel Legislative and Regulatory Committee

·         Advisor to the Clark County School District - Joint Skills Committee

·         Advisor to the Pima County TCOMM 2000 infrastructure planning committee

Eric also works with local organizations and city governments to educate the general public on the different types and methods of identity theft and the safeguards they can take to protect themselves.  His training programs highlight the current trends that are driving identity theft, the need for constant vigilance and self-monitoring, and the processes required to help reclaim a stolen identity.

Eric is a member of Rotary International, a global service organization with over 1.2 million members and participates in supporting the local Explorers (Scouting) Law Enforcement posts and career programs.

Contact information:

(949) 721-5897 - Direct

(714) 612-0367 - Mobile

Email: enelson@stop-id-theft.net

Change Management

Change Management

Security is a Management Issue
 

Ownership and Classification

Risk Management