LoudSiren Data Breach Readiness Packages

Loudsiren’s Incident Response Solution for Financial Institutions

LoudSiren’s Identity Protection Network™ should be a key component of any financial institution’s Incident Response Plan. LoudSiren provides a “turn-key” solution to quickly protect your customers’ credit and provide them much needed peace of mind in the event of a data breach. When time is of the essence, you can avoid the hassles of researching products and establishing processes for providing your customers an immediate response.

The Identity Protection Network™ (“IPN”) utilizes the fraud alert process and a multi-factor authentication system to alert members to credit requests made in their name. Members can instantly approve or deny new credit requests from their phones. Since mid-2007, the IPN has been retained as a data breach solution by the states of Ohio and Connecticut, as well as numerous cities, counties, universities, and businesses around the country.

Integrating the IPN into your Incident Response Plan eliminates the pressure of researching products, negotiating prices, and determining the logistics of implementing a remediation plan in the midst of the crisis environment that inevitably follows a data breach. The IPN is immediately ready to implement and is completely scalable. We can be ready to help whether a breach involves 20 or 200,000 consumers.

Program Features for the Financial Institution:

LoudSiren establishes a private web portal for your customers to use (e.g., www.LoudSiren.com/YourCompanyName)

Within 2 business days, LoudSiren issues “activation codes” for each member of the affected group to allow for “free” enrollment; each code deactivates after one use

LoudSiren will help with notification letter content and instructions

LoudSiren provides clear, customized reporting of enrollments matched to activation codes

LoudSiren’s service is easy to use and understand and doesn’t require your customers to read credit reports and become credit experts

Web based and paper based registration processes protect your customers whether or not they have or use web access

LoudSiren is proactive and preventative, and ensures that new credit accounts can’t be opened in your customers’ names without their approval -- limiting the potential damage and liability resulting from a breach

Program Features for Enrollees in the IPN:

Place and renew fraud alerts on behalf of Enrollees every 90 days with each of the major credit bureaus (i.e., Equifax, Experian, and TransUnion)

Provide authorization calls and alert emails to Enrollees whenever credit is requested through the Network using an Enrollees’ identity giving them the ability to approve or reject credit requests from their phones

The option of adding Affected Individuals’ phone numbers to the National “Do Not Call” Registry

Identity Protection Insurance from American International Group (AIG), not to exceed $25,000 per incident*

Excess Identity Theft Expense Reimbursement up to $1,000,000 pursuant to LoudSiren’s Service Guarantee*

Once fraud alerts are set, Enrollees will be removed from lists for pre-approved credit card offers (a major source of identity theft) and will be offered free credit reports from each of the three major credit bureaus

* Identity Protection Insurance and $1 Million Service Guarantee are not currently available in New York. New York residents are covered with identity restoration services through TransUnion. New York residents click here for more details.

Pricing:

Per group or per enrollee discounted pricing available

Billed monthly

No setup fees

Modest retainer required

LoudSiren provides each customer two levels of protection. First is $25,000 Personal Internet & Identity Coverage and underwritten by a member company of AIG Insurance -- an industry leader. This coverage provides expert assistance and financial relief for identity restoration costs, legal defense expenses, and lost wages. For more information about this coverage, click here. Additionally, LoudSiren customers are protected by a $1 Million Service Guarantee through Debix, Inc. Click here for details.

Insurance and Service Guarantee are not available to residents of New York. New York residents click here for more information. You must be a member of the Identity Protection Network™ at the time of loss to benefit from this coverage.