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Data Breaches are Up 23% Year Over Year*: Here’s Your Proactive Data Breach Planning Tip Sheet

August 1, 2019

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With the ongoing news of compromised data and breaches occuring, financial institutions are aggressively working to prepare themselves for the increased risk of fraud and consumer concerns regarding credit security. What actions can financial institutions take right now to protect themselves and their customers?

As a financial services consultancy, Bridgeforce pulled 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 and see the fraud management services you can access from Bridgeforce.

*Identity Theft Resource Center