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
your 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.