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Visient believes that the lack of data security and the unabated
rampant open access to MLS and private data in the Real Estate
industry is a time bomb waiting
to go off. To minimize your exposure, you need risk assessments, technology
audits, disaster plans, policies and procedures, and regular enforcement.
As more and more MLSs and Brokerages collect personal information
through lead
generation systems and transaction management systems – you MUST
TAKE ACTION NOW to minimize the multi-million dollar risk of accidental
data exposure.
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Private data records lost to hackers In the first five months of
2005 totaled 2,029,600 and records lost through missing or stolen
media or fraud was 3,490,400.
AND THAT IS JUST WHAT WAS REPORTED! |
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Your company is at risk from customer lawsuits that surround data
including privacy, web site content and e-mail
use.
Electronic data held
on your computers that becomes lost, mis-managed or damaged is the responsibility
of the business hosting, storing and using the data. According to Associated
Technologies & Data Recovery - researchers McGladrey and Pullen estimate
that a shocking 43% of businesses who lose electronically held data never
re-open, and 29% close within two years. |
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Companies like Clareity
Security and
Privacy Solutions have partnered
with Visient to provide the most comprehensive,
total-solution security assessment and recommendation team available anywhere! |
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- 1. Review the differences between “Privacy” and “Information
Security”
- 2. Review your current contracts, policies, and procedures which may include:
- Participant Agreements
- Privacy guidelines
- Data re-purposing guidelines
- Vendor (MLS) agreements
- RETS data access agreements
- Revenue and non-revenue data sharing agreements
- 3-way web development agreements
- 3. Review current legal issues, the marketplace and your specific politics,
including:
- Federal mandates on privacy
- Data breach security notification laws
- Available technologies (i.e. SafeMLS, RSA, Threewide)
- Value of a system security audit (attorney involvement)
- Current MLS vendor responsibilities and vulnerabilities
- Managing broker desktops
- Security Checklists
- 4. Define enforcement procedures and establish appropriate actions and penalties
for non-compliance.
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