Las Vegas, Nevada, February 13, 2020 – IVSG provides a cost-effective, liability limiting “Out-of-the-Box” Data Privacy Quality Assurance Solution that helps to avoid costly liability and reduce the training burden dealerships dread from new regulations and the associated compliance management.
Data privacy and protecting Personal Identifiable Information (PII) has entered into a whole new era of exposure effective January 1,2020 for all dealers doing business in California and who have revenues over $25 Million per year - no exceptions.
IVSG is an independent proven expert in dealer IT, applications and data integration including regulatory compliance services who has been trusted by many dealers over the past 10+ years. IVSG specializes in tailored dealer Cyber Security solutions, PCI Compliance and CCPA compliance programs with its partners. We are the only dealer partner that has the ability to scan for violations of PII on the dealer’s DMS which we have proven to be a major exposure area for dealers. In addition, IVSG offers the most comprehensive insurance policy underwritten by Lloyd’s of London to help dealers mitigate the exposure risks and potential fines with CCPA and overall data privacy at the lowest premiums (Up to 40% lower than other insurers) and lowest deductibles.
“IVSG has brought together the best in class compliance and IT experts to provide the affordable and necessary compliance solutions including necessary insurnace that California dealers need to guard against unforeseen violations that would tarnish their brand and reputation as well as their financial protection said Peter Leger, CEO/Founder IVSG LLC.”
IVSG CCPA solutions package includes the following important components - we simplify CCPA Compliance:
CCPA Documentation - Generate website disclosures, contract language, request management policies
Data Mapping - Chart where all your data comes from, where it resides, and how it’s used
CCPA Request Management - Collect, manage and respond to consumer requests in one place and central contact
CCPA Training - Critical and required training of your dealership employees on the CCPA requirements and how to comply
PII DMS Scan - Ensure no major PII and CCPA violations exist with the dealer’s DMS being the major data repository—only independent 3rd party performing this critical compliance function
• Data Privacy Insurance with CCPA Rider - Comprehensive insurance policy to enable dealers to mitigate unforeseen risks and exposures with the new CCPA regulations-Simple 2-page application
IVSG AND ITS PARTNERS ARE UNMATCHED IN DEALER COMPLIANCE SOLUTIONS AND INSURANCE.
Accurate, High Quality Customer Data Scanning is Critical to CCPA Compliance
“Over the last 7+ years IVSG’s GLBA, PCI and PII Data Scanning technology has been optimized to capture and report the status of consumer data from 10s of thousands of dealer clients and prospects across the different DMS systems and their siloed data repositories across 3rd party applications using and appending that data. Almost without exception, IVSG found widespread non-compliant data issues confronting the dealers’ “we don’t save consumer data in this system” response. In those instances, we showed our Dealership clients’ critical and sensitive data that represented a huge liability that we then remediated according to Peter Leger
“Poor Data Management and data privacy protection is a major compliance problem for Dealers in the emerging Regulation-Driven “customer controlled” data privacy lifecycle, where “the client and prospects” now drive compliance and remediation. Dealerships are sophisticated consumers of practical technology. Dealerships are using DMS systems with attached 3rd party applications that look like a Christmas tree of add-on systems, each with their own use of consumer data. These system configurations are different from dealer location to location, as is the necessary data privacy training from salesperson to salesperson. Dealerships are spending a great deal of time training and maintaining (and then abandoning) these 3rd party systems with little thought to how the data is stored and used. So, for the last several months IVSG has been building a game-changer we call our Enterprise-class CCPA Compliance Management System that allows us to expand our data privacy and data management services into the overall Customer Controlled Personal Data Management Lifecycle," Mr. Leger concluded.
Using IVSG’s Data Privacy Solutions and Services enables dealer management to quickly and professionally communicate with clients using visually engaging, CCPA-compliant communications that support your dealership’s compliance culture that helps build brand loyalty and gives your clients and prospects a positive “Data Privacy Management Customer Experience.”
About IVSG.com
IVSG is a solutions integrator for the automotiv and truck retail sector including a being Cyber IT Risk Management and Data Privacy Management firm focused on improving Dealership Sales and Management Operations at every data touchpoint to enhance their dealers’ digital Customer Experience. For more information contact IVSG at (847) 226-1869 or info@ivsgllc.com
Media & Analyst Contact:
Mike Krueger-CFO
(630)-248-4466
Mike.krueger@ivsgllc.com