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With identity theft a widespread issue in the financial services industry, banks and ARM companies are under increased pressure to ensure consumers’ sensitive identification, contact, and financial information is kept safe. In fact, a number of recent state and federal laws and regulations codify certain requirements for handling financial data. Firms in the ARM industry must adhere to a host of standards, including the Payment Card Industry Data Security Standard (PCI DSS), the financial privacy and safeguards rules in the Gramm–Leach–Bliley Act (GLBA), the FTC’s Red Flags Rule for identity theft, information security standard ISO 27002, HIPAA and the HITECH Act for the healthcare sector, and the Federal Information Security Management Act of 2002 (FISMA) for those collecting on government contracts. Auditing standard SAS 70 is also required for many in the financial services industry that use outside vendors such as debt collection agencies.

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JJL Process Successfully Completes SSAE 16; First for a Process Serving Company

25 April 2012

PSC Info Group Attains SSAE 16 II

18 April 2012

Implementation of Increased Security and Data Control Policies by Debt Settlement Companies Would Result in Greater Adoption by ARM Companies

16 April 2012

Vital Solutions Successfully Completes SSAE 16 Examination

13 April 2012

LexisNexis Helps Mitigate Identity Theft and Fraud with New Product

4 April 2012

FMA Alliance Achieves SSAE16 Certification

23 March 2012

FBCS, Inc. Announces Successful Completion of SSAE 16 Type II Certification

22 March 2012

Executive Change: Stellar Recovery Hires IT Director, Gets SSAE Certification

16 March 2012

Sentry Credit Attains SSAE-16 II

7 March 2012

Access to Old Collection Documents Becoming Increasingly Important in ARM

13 February 2012

Professional Placement Services Successfully Completes SSAE 16

10 February 2012

Thought Leaders from Ontario Systems to Speak at DBA Conference

30 January 2012

Americollect, Inc. Announces SOCII Audit Completion

18 January 2012

IAB Solutions Announces SAS 70 Audit Completion

6 January 2012

Ontario Systems One of First in Industry to Complete New SSAE Attestation Assessment

22 November 2011

RENKIM Corporation Obtains PCI-DSS Level 1 Certification

14 November 2011

Sentry Credit to Begin SSAE 16 Type II Audit

11 November 2011

Akcelerant Achieves SSAE 16 SOC 1 Type 2 Compliance

7 November 2011

Hurricane Irene Forces BCP Activation at EOS CCA, Fast Action Reduces Risk of Loss

2 November 2011

LCS Financial Services Achieves ISO/IEC 27001:2005 Certification

1 November 2011

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