With identity theft a widespread issue in the financial services industry, banks and ARM companies are under increased pressure to ensure consumers’ sensitive identification, contact, and financial information is kept safe. In fact, a number of recent state and federal laws and regulations codify certain requirements for handling financial data. Firms in the ARM industry must adhere to a host of standards, including the Payment Card Industry Data Security Standard (PCI DSS), the financial privacy and safeguards rules in the Gramm–Leach–Bliley Act (GLBA), the FTC’s Red Flags Rule for identity theft, information security standard ISO 27002, HIPAA and the HITECH Act for the healthcare sector, and the Federal Information Security Management Act of 2002 (FISMA) for those collecting on government contracts. Auditing standard SAS 70 is also required for many in the financial services industry that use outside vendors such as debt collection agencies.

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22 March 2012

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13 February 2012

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10 February 2012

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30 January 2012

Americollect, Inc. Announces SOCII Audit Completion

18 January 2012

IAB Solutions Announces SAS 70 Audit Completion

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RENKIM Corporation Obtains PCI-DSS Level 1 Certification

14 November 2011

Sentry Credit to Begin SSAE 16 Type II Audit

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Akcelerant Achieves SSAE 16 SOC 1 Type 2 Compliance

7 November 2011

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LCS Financial Services Achieves ISO/IEC 27001:2005 Certification

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