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Breach Protection Program

Designed to provide an extra layer of financial protection, the SecureConnect Breach Protection Program ensures a higher level of business security and financial confidence. Most business owners don’t think about the consequences of a data breach until it directly affects them. This program is intended to help you meet the expenses resulting from a suspected or actual data breach—expenses that could jeopardize the future of Breach protection call to actionyour business.

Under the program, your business is protected from financial losses in several critical areas, covering up to $100,000 of data breach expenses including:

Forensic Audit Expense

  • Cost associated with the mandatory 3rd party forensic investigation required by the card associations for suspected or confirmed breaches
  • General cost range: $8,000 - $20,000 for Level 4 merchants involving a single location

Card Replacement and Monitoring Costs

  • Issuer cost associated with compromised card replacement or account monitoring to watch for potential fraud
  • General cost range: $3 - $5 per card replacement

Association Fines

  • Association non-compliance fines that may be assessed depending on the size of the business and circumstances that led to the breach
  • General fine range: $5,000 to upwards of $500,000

Compliance Cases & Account Data Compromise Recovery Costs

  • Issuer fraud loss recovery from fraudulent transactions attributable to the compromise
  • General cost range: Will vary depending on the size and scale of the breach

Visit our PCI Packages page to learn more about the services we provide.

 
 
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