Summit Credit Union Sues Equifax

pymnts.com

“Financial institutions will also need to take other necessary steps to protect themselves and their members or customers, including notifying members or customers, as appropriate, that their accounts may have been compromised.”

It’s not enough to just communicate to your customers that they may or may not have been hacked and that their personal information could be at risk. Data breaches will occur, so what can these banks do to ensure security and protection for their customers moving forward?

They can be proactive, by making their customers information anonymous and thus useless to any potential hacker. This is what Super ID does.

Robert D. Dixon Founders’ Award – Community Bankers of Iowa

cbiaonline.org

Bob Steen…A true pioneer in the banking industry!

 

Eastern Iowa banker receives Leach award

businessrecord.com

Congratulations Bob Steen!

Growing threat to lenders: Synthetic Identities

autonews.com

The automotive industry needs to ask themselves this question, do we have a responsibility to our customers to protect them from the threat of our vendors data breach?

The obvious answer is of course we do. Synthetic identities can be eliminated when we quit relying on a social security number as an identity tool. The industry needs to take a proactive approach to protect our customers from these breaches and prevent reputational harm to our brands. Tascet provides the most robust identification solution and enhances the customers experience. Instead of reputational harm, you gain a public relations platform that says your customers really matter.

BankThink Equifax breach threatens bank reputations, too

americanbanker.com

“However, while determining any potential legal liability is important, it is not the most important issue that banks should address immediately. Rather, the core question is how can the bank protect its customers? Should it be reactive or proactive?”

The answer is proactive. It is time for banks and other companies to put the customer first and truly protect them and their identity. The suggested credit monitoring will not protect the consumer or their personal information. The proactive solution needed can be found at Tascet, where we provide privacy, security and anonymity. Consumers should expect nothing less.

 

Dark Web Selling Breached Equifax Data for $2.7 Million

yournewswire.com

Be aware that the Equifax breach will affect every business that sells goods or services in the United States. Progressive companies will take advantage of this crisis by being proactive and creating a personal firewall for their customers. Tascet provides for this proactive solution and creates a much higher value of good will for customers. Keep in mind that there is a strong possibility that you personally or your family members have had their information compromised. It may not be apparent for a few years, however it will eventually. Remember  credit monitoring will not stop the fraudsters, it’s only another way to pick your pocket.  Once the data is out it’s too late.

Equifax Breach

databreachtoday.com

The long-term repercussions from this breach are going to have a lasting effect on both businesses and consumers.

Consumers need to demand privacy and security, as a condition of doing business. TASCET provides privacy, security and anonymity.

How blockchain could help boost healthcare security

healthdatamanagement.com 

“If the perfect system were created and all healthcare records were part of the same blockchain ledger, it could potentially allow medical professionals to see all associated records and prove the patient’s identity and other treatments they have received.”

As the entry point for blockchain technologies, TASCET’s Super ID offers identity and anonymity, which provides integrity and trust to blockchain and ledger technology. TASCET ensures patients are correctly identified and matched to their medical record, and only their medical record, within a health system and across the healthcare ecosystem.