Welcome to IdentityMate
IdentityMate is a creative identity theft risk management company providing solutions to both consumers and businesses. There are many identity management challenges facing corporate executives these days some of which require creative solutions to be effective. The challenges must be carefully assessed to assign priority and select appropriate solutions. Identity theft risks like all other risks can be ignored or dealt with in accordance with our risk tolerance, assigned priority, budgets and resources. Many factors contribute to our identity theft risk management and decision making process including consequences such as tarnished corporate image, lost revenues, fines and penalties from regulatory violations, and jail time.
We have become an identity obese society and as we continue to acquire and accumulate more personal information, we collectively lack the understanding of the risks as well as our obligations for protecting the personal information of our families, employees and clients. Consumers and businesses are disconnected from one another and lack the understanding of each other’s obligations thus creating challenges that affect both the consumers and the companies in terms of their credit worthiness, quality of life, credibility, and financial or emotional positions. Although some security and privacy laws address the rights of consumers and obligations of businesses, these laws are neither comprehensive, nor very clear and centralized, however, they still need to be complied with to the extent of the regulated environment in which businesses operate.
There are many identity protection challenges which can lead to dire consequences, some of which are listed below:
Insufficient or nonexistent executive management support for information protection,
Lack of effective information security management, policy enforcement and monitoring of internal controls and external incidents,
- Unidentified or incomplete scope for protecting confidential data and related processes and systems,
- Decentralized information protection functions,
- Insufficient user and management awareness and education about security controls and requirements,
- Inadequate information security budgets for automated tools, expertise, and adequate levels of staffing,
- Inadequate knowledge and acceptance of security risks and controls by appropriate management,
- Blind and unaudited transfer of information security controls to third parties,
- Exclusion of information security management from key corporate strategic decisions and business changes such as outsourcing, process reengineering, acquisitions, and mergers,
- Improperly configured and unsecured systems,
- Excessive and/or inappropriate access,
- Excessive collection, duplication, inappropriate retention or destruction of personal data,
- Data breach mismanagement, and
- Merely focusing just on technology when dealing with information security