SCOTTSDALE, Ariz., Oct. 13 /PRNewswire/ -- Identity Theft 911 Director of Business Development David Speciale will brief insurance professionals on the Red Flags rule, and state and federal compliance and breach notification regulations at a Chartered Property Casualty Underwriters Society (CPCU) Continuing Professional Development webinar on October 19. Attendees will learn how to reduce damages with proper data breach notification and identity management plans.
The Verizon Data Breach Investigations Report found that 285 million records were compromised in the U.S. in 2008. Lost business is the most costly outcome, with an average cost of $204 per compromised customer record, according to the Federal Trade Commission.
"Identity thieves and cyber criminals change tactics overnight, so insurance agents and other industry professionals need to stay aware of the changing landscape," Speciale said. "CPCU members can register for this webinar now and get a firsthand look at developing tactics, and data breach and identity theft prevention plans."
Identity Theft 911 partners with businesses and governments to fight cyber criminals with the latest in breach security, data breach notification, information compliance, computer incident response and identity theft management. The Breach Services program enables a business to protect existing and prospective customers, employees and anyone else with identifiable information contained in a breached database. This data breach program provides 24/7-access to highly trained fraud specialists who assist with credit fraud alerts, notify creditors and handle inquiries prompted by the notification.
A former insurance industry executive, educated in the law, Speciale brings more than a decade of experience in breach security and information management to help businesses secure their data. Speciale has held senior management positions throughout the United States with Allstate Insurance Company and internationally with AIG as Vice President for South East Asia.
The CPCU Society is a professional association of credentialed Property and Casualty insurance professionals. More than 28,000 members hold the CPCU designation, which requires passing rigorous undergraduate- and graduate-level examinations, meeting experience requirements and agreeing to a strict code of professional ethics. CPCU webinars are taught by top industry experts in a best-practices framework. Topics are chosen based on their ability to increase skills and drive performance. CPCU webinars offer real-time interaction with experts, which provides a personalized, efficient experience.
About Identity Theft 911
Identity Theft 911 is the nation's premier identity theft and data breach management, resolution and education service. The company serves 36 million people across the country and provides fraud solutions for a range of organizations—including Fortune 500 companies, the country's largest insurance companies, corporate benefit providers, banks and credit unions and membership organizations. For more information, visit our website and our Knowledge Center.
SOURCE Identity Theft 911