Partners with ITAC to Offer New Online Community Portal For Breach
Readiness & Response
CHANTILLY, Va., June 9 /PRNewswire-FirstCall/ -- Intersections Inc.
(Nasdaq: INTX), a leading global provider of consumer and corporate identity
risk management services, today launched a new online community and
comprehensive resource, BreachCenter.com, to help businesses better educate
themselves about breach readiness. To launch this new site, Intersections has
partnered with the Financial Services Roundtable and ITAC, the Identity Theft
Assistance Center. ITAC is a nonprofit created and supported by the financial
services industry to fight identity theft through victim assistance, law
enforcement partnerships and consumer education.
Data breaches and identity theft are the two most rapidly growing crimes
in the U.S. In 2008 alone, Verizon Business investigated breaches involving
more than 285 million compromised records, according to the 2009 Verizon
Business Data Breach Investigations Report.
"It's not a question of whether your company will be breached; it's really
a question of when. Despite the significant time and money devoted to breach
prevention and industry standards developed by the Payment Card Industry
Security Standards Council and the Federal Financial Institutions Examinations
Council, breaches still happen. And when they do, people need a place to turn
to for help," said John Scanlon, Chief Operating Officer (COO) for
Intersections Inc.'s Business Services division. "We want BreachCenter.com to
be that trusted resource. Through our exclusive partnership with ITAC, we are
also able to provide valuable tools and resources that businesses can use to
help minimize the impact of a breach and to help them and their customers
recover if a breach has occurred."
In addition to providing resources like articles, white papers and case
studies, BreachCenter.com has been designed to promote open discussion,
opinions, news and reviews of data breach recovery services and is meant to be
a "free community of interest" site, comprised almost entirely of participant
collaboration and input. The site's Wiki pages, forums and blogs encourage
the community of breach response professionals and victims to collaborate to
define the issues, suggest the consensus view and point corporations toward
the path to effective breach response.
Among the resources on the website is the "Seven Steps to Data Breach
Readiness," a guide prepared by Intersections that provides companies with
information on how to lay the groundwork for effective data breach recovery;
and a database of consumer notification laws, organized by state and updated
quarterly. In addition, information on recent data breaches will be posted on
www.BreachCenter.com from The Open Security Foundation's (OSF) DataLoss
Database, a free and open resource for the collection and dissemination of
data loss incident-related information. The OSF is a non-profit public
organization that provides knowledge and resources so that other organizations
may properly detect, protect, and mitigate information security risks.
BreachCenter.com also features news and opinions from the ITAC blog, a leading
source of commentary from business and government officials on identity theft
and identity management issues.
Intersections Business Services division, the support behind
BreachCenter.com, works with hundreds of businesses worldwide to provide the
most comprehensive and proactive identity management solutions available.
Intersections has over 13 years of experience providing leading edge identity
theft protection services to over 20 million consumers, and has managed
hundreds of reactive and breach readiness programs for businesses.
Intersections is the sole service provider to ITAC, providing all of the
operations behind ITAC's Victim Assistance service. ITAC's Victim Assistance
is the only service of its kind that is directly linked to the fraud
prevention departments of dozens of the nation's largest financial
institutions. In addition, the ITAC team of representatives works closely
with customers to document and assess the impact of identity theft while
working with law enforcement agencies to capture and convict identity theft
criminals.
ITAC and Intersections have partnered to create the ITAC Sentinel(R) line
of identity theft protection products to combine Intersections' market leading
identity theft prevention and detection services with ITAC's world-class
Victim Assistance services. The ITAC Sentinel products are available as
breach response products, as endorsed product offerings for marketers such as
financial institutions, telecommunications companies and retailers, as
employee benefit programs and via ITAC's website, www.itacsentinel.com.
"We are thrilled to support and contribute to Intersections'
BreachCenter.com online portal," said Anne Wallace, President of ITAC. "Since
2004, Intersections' services and technologies have allowed ITAC to help more
than 52,000 identity theft victims. We strongly believe the site will fill a
major void in the market as the first truly collaborative environment where
businesses can find the information they need to achieve a state of breach
readiness."
To hear a podcast taping from ITAC with John Scanlon on the launch of
BreachCenter.com, and for more information, please visit www.breachcenter.com.
BreachCenter.com is also on Twitter: http://twitter.com/BreachCenter
About Intersections (www.intersections.com)
Intersections Inc. (Nasdaq: INTX) is a leading global provider of consumer
and corporate identity risk management services. Its premier identity theft,
privacy, and consumer solutions are designed to provide high-value,
revenue-generating opportunities to its marketing partners, including leading
financial institutions, Fortune 100 corporations, and other businesses.
Intersections also markets full identity theft protection solutions under its
brand, IDENTITY GUARD(R) (www.identityguard.com). Intersections' consumer
identity theft protection services have protected more than 20 million
consumers.
To address the growing threat of corporate fraud, Intersections and its
subsidiaries provide cutting-edge identity risk management solutions
including:
-- Security breach remediation to enable companies to respond to security
incidents and mitigate potential damage to their employees, customers,
and corporate brands.
-- Pre-employment background screening, provided domestically through
American Background Information Services, Inc., and internationally
through Control Risks Screening Limited (London, United Kingdom) and
Control Risks Screening (S) Pte Ltd.
-- Corporate brand protection services provided by Net Enforcers Inc.
-- Software and data management, provided by Captira Analytical, LLC, to
assist the bail bond industry in managing workflow and data
requirements.
About ITAC (www.identitytheftassistance.org)
ITAC, the Identity Theft Assistance Center, is a nonprofit coalition of
financial services companies united in our commitment to protect our customers
from identity theft. ITAC's victim assistance service -- which has helped more
than 50,000 consumers recover from identity theft -- is available at no cost
to the millions of consumers who have an account at an ITAC member company. A
leading provider of identity protection services through its ITAC Sentinel(R)
brand (www.itacsentinel.com), ITAC protects all consumers through partnerships
with law enforcement, education and identity management services.
SOURCE Intersections Inc.
06/09/2009
CONTACT: Joyce Carcaise of Intersections Inc., 1-703-488-6100,
jcarcaise@intersections.com;
or Michelle Schafer of Merritt Group
1-703-390-1525,
schafer@merrittgrp.com
Web Site: http://www.intersections.com
(INTX)