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Preparedness & Prevention: A Proactive Data Breach Planning Tip Sheet

With the news in September of the massive data compromise of 143 million customers at Equifax, financial institutions are scrambling to prepare themselves for the increased risk of fraud and consumer concerns regarding their credit security. What actions can financial institutions take right now to protect themselves and their customers?

As a financial services consultancy, Bridgeforce has the expertise to pull together 5 key steps that should be taken by financial institutions in view of the breach:

1) Perform in-depth analysis to establish baselines

2) Implement monitoring reports

3) Maintain focus on customer experience

4) Review current tools for effectiveness

5) Prepare for regulatory changes and increased credit bureau disputes

Read more in this one-page document on Preparedness & Prevention.

Category: Fraud