TECH LOCK, Inc. announces Phin Solutions, Inc. has achieved the ARM Industry Gold compliance standard, TECH LOCK® Certified. TECH LOCK® Certified is a holistic compliance audit performed by data security professionals combining multiple regulatory and industry standard control objectives into a single audit to provide the agency cost savings and provide their clients with a true data security compliance validation.
With third party and fourth party risk on everyone’s mind these days, it is critical for companies to ensure they only partner with companies that are fully compliant with all applicable federal and state laws. In addition, companies can no longer just accept a third party audit report and check a box without ensuring the audit report is accurate and assesses risk properly.
“Phin Solutions is committed to protecting consumer information and providing our clients with a comprehensive data security compliance report,” says Todd Hinrichs, Phin Solution’s president & chief executive officer. “Going through and achieving TECH LOCK® Certified reinforced my confidence in our technical, physical, and administrative safeguards and provided our clients with assurance that we have reasonable safeguards in place to protect their data. As a cost conscious business owner I am conscientious of every dollar I spend and TECH LOCK® Certified provided Phin Solutions the most value by combining six audits into one low price. I am confident that Phin Solutions can exceed any client data security requirements for the next 12 months.”
“Phin Solutions joins an elite group of companies with this achievement,” says Todd Langusch, TECH LOCK’s founder and chief executive officer. “Only a small percentage of companies will spend the time, money, and resources to ensure compliance with all applicable federal and state laws. In the ARM industry the common practice I have seen is companies contracting with an independent third party auditor to obtain an audit report on one or two standards, however these reports are frequently in error or only provide a narrow view vs. a holistic audit capturing all applicable compliance requirements.”
Phin Solutions is an information services company. Since July 2000 Phin Solutions has been providing bankruptcy and deceased information and consulting services to the financial services marketplace. Our focus is primarily on the collection and distribution of bankruptcy and deceased information to help organizations better manage their customer portfolios. Bankruptcy information, Deceased information, Address append services, Address scores, Telephone append services, Electronic Directory Assistance (EDA), Military Verification.
TECH LOCK, Inc. is a Payment Card Industry Qualified Security Assessor (PCI QSA) and Approved Scanning Vendor (PCI ASV) focused on serving the ARM industry, including credit grantors, collection agencies, debt buyers, service organizations, healthcare providers and more. Tech Lock’s IT professionals all possess Fortune 100 and ARM industry experience. This makes Tech Lock uniquely skilled in serving the ARM industry as it relates to information technology, data security, and regulatory compliance. Compliance validation is performed in areas such as PCI DSS, HIPAA, GLBA, Red Flags Rule, ISO 27002, FISMA (NIST 800-53), Nevada NRS 603a, Massachusetts 201 CMR 17.00, and CFPB Readiness. TECH LOCK is a service disabled veteran owned small business. For more information, please visit www.techlockinc.com.