MINNEAPOLIS, MINNESOTA (PRWEB) OCTOBER 19, 2015 – Merchants are deeply concerned about protecting consumer’s data and their brand. With cyber attack attempts growing, the CyberRisk Hub® is meant to serve as a resource to merchants who are concerned about, or possibly even dealing with, fraudulent intrusions. Even with strong security and privacy controls in place, organizations can be victimized by internal fraud, business interruption, and damage to data, theft of data or cyber extortion, and it is critical that merchants have adequate tools at their fingertips to help manage these concerns.
“Providing a safe, secure, and frictionless customer shopping experience is a top priority for merchants,” said Merchant Advisory Group CEO, Mark Horwedel. “Merchants are diligently exercising the tools at their disposal to help prevent against cyber intrusions, and we’re thrilled to add one more tool to that tool box by launching the MAG CyberRisk Hub® during Cybersecurity Awareness Month in conjunction with our partners at NetDiligence®.”
The MAG CyberRisk Hub® is a private, mobile-friendly website that provides tools and resources to help MAG members understand their exposures, establish a response plan and minimize the effects of a breach on their organizations. Tools include access to a Breach Coach, incident roadmap, risk management tools and up to date news. The CyberRisk Hub® also serves as a Crisis Center, providing members with the information and technical resources they need to respond quickly and effectively to a potential data breach, alleged privacy violation or other cyber incident. The portal is powered and maintained by NetDiligence®, a leading cyber risk assessment and data breach services company.
About the MAG
The Merchant Advisory Group (MAG) was founded in 2008 by a small visionary group of merchants in the payments field. Today, the MAG has 96 member organizations representing some of the largest merchant and franchisee businesses in the United States. MAG member companies accept over 41 Billion in card payments annually accounting for nearly $2.6 Trillion in annual sales at over 430,000 locations across the US/globe. MAG members employ nearly 11.5 Million associates. MAG believes in driving positive change in payments through multi-stakeholder collaboration.
NetDiligence® is a privately-held cyber risk assessment and data breach services company. Since 2001, NetDiligence has conducted thousands of enterprise-level cyber risk assessments for a broad variety of organizations, including public entities, financial services, retailers, software developers, medical providers and universities. NetDiligence services are used by leading cyber liability insurers in the U.S. and U.K. to support both loss-control and education objectives. NetDiligence hosts a biannual Cyber Liability Conference attended by risk managers, privacy attorneys and cyber liability insurance leaders from around the world. NetDiligence is also an acknowledged leader in data and privacy breach prevention and recovery. Its eRiskHub® portal (https://www.eriskhub.com) is licensed by cyber liability insurers to provide education and breach recovery services to their policyholders. For more information, visit http://www.netdiligence.com.