Hang With the Right Crowd
Yet this investment could be peanuts compared to the penalties Congress might impose. A New York Times article noted that under Sen. Charles Schumer's data security bill, Citigroup's loss of tapes containing account info on millions of customers would have resulted in a fine of billions of dollars.
Let's not stick our heads in the sand on this topic while we have time to be proactive. To read more on third-party supplier security compliance, visit http://www.transcontinentaldirect.com/index/advice.html. And start talking to your direct marketing partners.