Real Estate Data Shield announced the launch of a web-based Compliance Management Platform for the title and settlement industry. The platform is set up so title and settlement companies can immediately access and find the tools they need to meet the data security compliance mandates of regulators, lenders and the title industry’s best practice initiatives.
The announcement was made during the 2013 National Settlement Services Summit in Cleveland.
“The new Compliance Management Platform was designed specifically for our industry by internationally recognized privacy and data security experts, working hand in hand with title and settlement leaders, to bring to our industry the surgical tools it needs to meet the imminent lender and regulator security mandates,” said Christopher Gulotta, chief executive officer and founder of Real Estate Data Shield. “These tools are easy to use, enable companies to track staff progress, and are priced for industry-wide adoption.”
The award-winning Data Security Awareness Courseware trains title personnel in privacy requirements and the safeguarding of consumer non-public personal information. The Data Security Compliance Manual is equipped with guidelines, procedures and policy templates. These are designed to help companies demonstrate compliance while minimizing risk and exposure to data breaches and enable title and settlement agents to provide both lenders and regulators with the printed policies that they require. The Security Assessment Tool identifies compliance gaps and creates a strategic compliance road map.