IBM STUDY: THE COST OF A DATA BREACH
- The average cost of a data breach in the United States - $9.4M
- Cybercrime is predicted to grow to by 2025 - $10.5T
- Companies expected to be breached this year - 83%
We are the lead consortium of partners who provide tailored services for organizations in the United States and globally. As part of our process, we align you with our group for the services you need, along with providing additional value having access to on-going discussions for needs in the future. We offer custom tailored solutions based on the needs, size of company, and number of subscribers. This provides you with one place to go for all your cybersecurity needs instead of sorting through multiple companies and vendors on your own.
Scamnetic provide the only holistic scam-detection solution in the market, combating every current scam and includes:
- Scan&Score automatically scans email and text messages, along with QR codes, links, physical mail and images to understand the risk from any incoming communication.
- IDeveryone verifies the identity of any counterparty using advanced but easy-to-use technology, enabling users to know exactly with whom they interact whether by video, audio or text. It combats dating scams, Facebook Marketplace scams, crypto scams, land investment scams and more.
- Scam intervention Scamnetic experts work tirelessly to restore assets and peace of mind for scam victims. We offer 24/7 support, helping consumers who may be in the throes of a scam, guiding victims to recovery and helping them reclaim control over their digital life.
The financial cost of scams is staggering. For example:
- Consumers reported losing more than $10 billion to fraud in 2023, according to the U.S. Federal Trade Commission.
- In 2023, fraud scams and bank fraud schemes totaled $485.6 billion in projected losses globally, according to the Nasdaq 2024 Global Financial Crime Repo
- There was a 22% year-over-year growth in U.S. consumer scam losses in 2023, according to the Federal Bureau of Investigation Internet Crime Report 2023.
Customers and cybersecurity expert testimonials:
- “If this product was available, it would have helped people avoid becoming victim in the first place – and we would have seen fewer cases as a result.” said Matt O’Neill, former deputy special agent in charge – cyber, U.S. Secret Service.
- “Scamnetic’s solution is so timely, as scams are among the top challenges for financial institutions globally,” said Donna Turner, former chief operating officer, Early Warning Services/Zelle.
- “The most concerning fraud threat for financial institutions in this era is that of authorized payment scams. Realizing a new method to address these scam types and engaging the victim in ‘curing’ the case is a massive step forward in deploying a sustainable practice and realizing a win-win outcome for all stakeholders,” said Seth Ruden, director of global advisory, BioCatch.
Antigen Security provides next gen cyber insurance in the global marketplace.
They are a channel-first, community-driven, research-focused DFIR firm and global technology services distributor that partners with cyber insurance carriers to create intelligence-driven solutions that address every facet of cyber risk for clients.
Their solutions will help you secure your organization or portfolio, while reducing your total cyber risk management costs. With proper implementation they enable organizations to significantly save on cyber liability and related insurance premiums.
Approved at sign up, it remains in compliance securing your reimbursement should a breach occur, and you need to file a claim.
We offer a unique blanket service that provides full identity recovery and restoration, dark web monitoring and $1M identity theft policy for institutions/merchants that want to blanket this to customers. This is a cut above alerts and monitoring and allows someone with an identity issue to have us completely resolve and expunge the fraudulent records and return a person to pre-event status. This can be for any fraud event that occurs, including HIPAA laws, social security fraud, elder fraud, and deed theft. These are the 40 main forms of fraud that occur as an example of what this encompasses. Our individual plans are just $10.00 monthly and family plans are $25.00 monthly.
We also offer a unique opt-out program for merchants which allows them to earn recurring revenue making it a zero-cost solution for the merchant and provide revenues the merchant can use for other things. We specialize in this program for financial institutions, but it is available for all businesses with a membership base including professional organizations, mobile carriers, insurance companies. – Identity Fraud Opt Out Blanket
Blanket recovery and restoration is designed for businesses to use to cover their employees and/or customers from identity theft issues. It can range from recovery only, to monitoring and recovery, to also include dark web and a $5M identity theft insurance policy. We then also bundle our Personal Scam Tool on the front end as an option. We will be the first and only reseller at this time to offer that product and service. If you are seeking value in Encompass it is because we can bundle these services together as an end to end security layer for consumers.
We assist organizations by verifying all compliance and regulation requirements are met. Cyber Compliance Services and Business Cyber Services Approved at sign up, it remains in compliance should a breach occur, and you need to file a claim.
Our partners – Encompass Security Partners
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