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Wolf & Company, PC announces the availability of the sol

 

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Wolf & Company, PC announces the availability of the solution for online identity theft Red Flag Compliance BOSTON, February 23
Customer Information and Regulatory Compliance Risk Assessment modules help financial institutions to ensure compliance with Red Flags FDIC FIL-105-2008

BOSTON, February 23 / PRNewswire / - Daniel P. DeVasto, CPA, President and CEO of Wolf & Company, PC, Certified Public Accountants and Business Consultants, is pleased to announce the availability of WolfPAC Integrated Risk Management for the ID Theft Red Flag compliance. WolfPAC use, schools can meet and document a risk assessment of all ID Theft Red Flag program elements.

Guides WolfPAC of privacy or through an agent of conformity of the series online guide questionnaires to assess the existence of accounts covered, their account opening and use of methods and their controls and answers about the identity theft red flag scenarios listed. The results are immediately available to a wide range of reporting options to display the underlying data.

"A major concern for financial institutions is not the development of controls and responses, but the formalization of these inspections and coordinate responses to the Gramm-Leach-Bliley Act, data security, and Fair Credit Reporting Act efforts in a comprehensive program that uses existing resources effectively, "said Stephen King, JD, AMLP, director of regulatory services of the company. WolfPAC is the system to ensure that the institution of red flag of the program has effectively addressed all the requirements so as to reduce the likelihood that identity theft Red Flag deficiencies go unnoticed leading to regulatory control and operating losses.

About WolfPAC Integrated Risk Management

WolfPAC Integrated Risk Management is a secure, online service used to automate an institution's risk management program using an integrated suite of tools for risk management. Although WolfPAC solution, introduced in 2004 by Wolf & Company, PC, was quite popular among financial services companies, the method of health care and other organizations requiring enterprise-wide d 'risk assessment. As a Software-as-a-Service solution, WolfPAC modules can be configured the same day that the contract is signed, allowing users to begin the risk assessment process and the results immediately.

The scalable, multi-module solution offers information technology, privacy, vendor, compliance, and other modules for risk assessment using a self-guided. The results are immediately available for analysis, benchmarking and Industry provides information to senior business managers with tools to assess their risk profile against industry standards.

About Wolf & Company, P.C.

Wolf & Company, PC is a regional public accounting firm and consulting business with offices in Boston and Springfield, Massachusetts, and Albany, New York. The company employs over 170 professionals providing audit, tax, that in regulatory compliance, internal audit and business consulting services. Wolf's customers include private and held publicly traded companies and financial institutions, nonprofit organizations and individuals. Wolf & Company, PC is registered with the Public Company Accounting Oversight Board and is a member of both a national and international affiliation of CPA firms.

      CONTACT:
      Michael D. Cohn, CPA, CISA
      Director, Solutions Group WolfPAC
      Telephone: 617-428-5488
      Email: mcohn@wolfandco.com

      Stephen R. King, JD, AMLP
      Director, Regulatory Compliance Services
      Telephone: 617-428-5448
      Email: sking@wolfandco.com
SOURCE Wolf & Company, P.C.

CONTACT: Michael D. Cohn, CPA, CISA, Director, Solutions WolfPAC Group, +1-617-428-5488, mcohn@wolfandco.com, or R. Stephen King, JD, AMLP, Director, Regulatory Compliance Services, 1 -617-428-5448, sking@wolfandco.com, both of Wolf & Company, PC

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