BIOWRAP® and the Red Flags Rules

Risk Factor: Electronic Information

Data security plays an essential role in keeping sensitive information from falling into the wrong hands. 

To safeguard customer information, protect your sensitive electronic information with the patented BIOWRAP® solution.  Simple and straightforward, BIOWRAP provides financial institutions and creditors with a cost-effective solution to protect, detect and mitigate unauthorized access or misuse of information.

 

Protect

The BIOWRAP solution biometrically authenticates and encrypts any electronic information, protecting your customer’s sensitive information however it may be delivered and wherever it may reside. 

All information is not created equally, with BIOWRAP you can define access requirements ranging from personal access only, company confidential, confidential to public access. 

Compromised customer information could result in a loss of customer confidence and possibly a lawsuit. 

 

Detect

Detect and monitor in real-time all access activity, including unauthorized attempts and successful access.  Forensic accountability reports allow you to create customized detailed reports outlining the activity associated with all of your sensitive electronic information.

Email encryption alone does not fully protect sensitive information. 

While email encryption is part of the solution the attached file containing your customer’s sensitive data remains unprotected and unaccounted for.    BIOWRAP serves to further strengthen your information security measures to limit your liability.

 

Mitigate

Real-time notification provides you with instant response to unauthorized activity.

 

For more information on how BIOWRAP can help your institution please contact NATION Technologies

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