NEW YORK, Oct. 3, 2013 /PRNewswire/ -- Privacy Professionals LLC (PRIPROTM) was launched on June 1, 2013 in response to the growing demand for companies to be better protected in reducing and coping with cyber liability and data breaches. A unique firm dedicated to combining cyber and privacy risk management services with insurance brokerage capabilities, the team of Certified Information Privacy Professionals (CIPP) at PRIPRO™ focuses on the breach or incident before it happens. Organizations that take the appropriate measures before systems and information are compromised are better equipped to preserve brand equity, and also minimize potential financial and reputational damage.
Gamelah Palagonia, Founder of PRIPRO™ said, "Our risk advisory services help organizations meet the information privacy risk management challenge. Effective risk management reduces the frequency of losses and the severity of those losses that do occur." She continues, "Addressing cyber and privacy risk is more than just buying an insurance product. Cyber insurance products help organizations fund the financial losses associated with network security compromises, data breaches, and regulatory actions. Deploying sound cyber and privacy risk management practices actually mitigates risks, addresses regulatory compliance and best protects the organization's reputation. We bridge the gaps between risk management, compliance and insurance."
Zachary Scheublein, Vice President of PRIPRO™ said, "As market leaders, we recognize that the claims management process begins long before the claim happens. We identified the lack of cyber and privacy risk management services available to small and medium sized businesses (SMB's), which represent 90% of North American businesses. Our suite of Cyber & Privacy Risk CPRTM services aims to fill that void. We believe combining tailored cyber insurance products with proactive risk management is the best method to address cyber and privacy liabilities."
PRIPROTM is a risk advisory firm specializing in Cyber & Privacy Risk CPR™ insurance and risk management services. Services include Risk Assessments, Employee Training Programs, Incident Response Planning and Customized Insurance Solutions. PRIPRO™ services enable businesses to build an information privacy awareness risk culture, reduce the cost of cyber and privacy risk, secure the appropriate insurance solution, and meet regulatory compliance and legal requirements.
SOURCE Privacy Professionals LLC