With every report of a breach in customer Personally Identifiable  Information (PII), concerns increase related to how organizations are protecting customers’ personal information.  To maintain a competitive advantage and avoid a loss of customer confidence, Student Lending institutions must take steps to assess, remediate and monitor threats to nonpublic customer information.

Has your organization considered the following questions:

• Do your daily operations involve processing, storing or transmitting customer PII?
• Have you evaluated your risk exposure?
• Have you developed internal controls to help protect this information?  
• Have you identified the costs (financial and operational) to contact every customer in the event of a breach in customer PII?

Edgewater Technology has an in-depth understanding of the inherent risks to safeguarding customer PII.  We have developed a methodology to help institutions mitigate the related risks (reputation, financial and operational) and benchmark their risk exposure through an evaluation of potential breaches as a result of current business processes and practices. 
 
Want to Learn More?  

Edgewater Technology held a webinar on Tuesday, October 17th to discuss other industry leaders how to safeguard customers' PII.  If you are interested in obtaining the results of that webinar or for an individual replay, feel free to contact us at 800-410-4014 or via email at makewaves@edgewater.com.