Veratad’s Data Privacy Principles
The Veratad Data Privacy Principles speak to the personally identifiable information, including sensitive personally identifiable information, collected, maintained, used or disseminated in connection with services offered by Veratad.
Veratad applies these Principles as required by applicable law, such as the Fair Credit Reporting Act and its state analogues (“FCRA”), the Driver’s Privacy Protection Act and its state analogues (“DPPA”), and the Gramm-Leach-Bliley Act (“GLB”). If the law requires or upon request of law enforcement, or, if necessary, to prevent fraud or to protect our company systems, these principles may not apply. Veratad may also, from time to time, revise our Data Privacy Principles by posting changes on its website.
Security
Data security is a company imperative. Veratad strives to protect personally identifiable information that we maintain or disseminate, including through the use of appropriate administrative, physical, and technical safeguards.
Distribution of Personally Identifiable Information
Veratad strives to provide additional safeguards for sensitive personally identifiable information, such as Social Security numbers and driver’s license numbers. Veratad strives to limit the availability and access to full Social Security Numbers (“SSNs”), Driver’s License Numbers and State Identification Numbers. Veratad strives to protect the confidentiality of SSNs by limiting access to SSNs to certain legitimate and authorized users, such as: state, local and federal government entities; financial institutions; insurers; employers; creditors; debt collectors and other user types to which Veratad may decide to provide such access. A limited number of public records may contain SSNs that are already available to the public and, if such public records are accessed through Veratad services, our services may provide access to such SSNs. Veratad prohibits the unlawful disclosure of SSNs. Veratad also takes steps to limit the availability of Driver’s License Numbers (“DLNs”) and state identification card numbers.
Accuracy
Veratad strives to accurately use the information it receives from its data sources.
Protection of SS Numbers and Driver’s License Numbers
Veratad strives to provide additional safeguards for sensitive personally identifiable information, such as Social Security numbers and driver’s license numbers. Veratad strives to limit the availability and access to full Social Security Numbers (“SSNs”), Driver’s License Numbers and State Identification Numbers. Veratad strives to protect the confidentiality of SSNs by limiting access to SSNs to certain legitimate and authorized users, such as: state, local and federal government entities; financial institutions; insurers; employers; creditors; debt collectors and other user types to which Veratad may decide to provide such access. A limited number of public records may contain SSNs that are already available to the public and, if such public records are accessed through Veratad services, our services may provide access to such SSNs. Veratad prohibits the unlawful disclosure of SSNs. Veratad also takes steps to limit the availability of Driver’s License Numbers (“DLNs”) and state identification card numbers.
Education
Veratad strives to inform its employees and users about the appropriate use of Veratad products and services. Veratad strives to inform its users and employees about Privacy and security issues associated with Veratad information products and services; and the responsible use of personally identifiable information.
Reputable Sources
Veratad strives to acquire personally identifiable information from established, reputable sources in the government and private sectors. In support of this Principle, Veratad takes reasonable steps to assess the reputation and reliability of its private sector data sources before incorporating personally identifiable information from the source into its products and services. Veratad also strives to obtain assurances from its data suppliers that they have the legal right to license or sell data to Veratad.
Notice
Veratad makes its Data Privacy Principles publicly known. Veratad publicly posts these Data Privacy Principles. For additional information about the Veratad Data Privacy Principles, contact Veratad info@veratad.com.
Accountability
Veratad supports accountability of information industry standards and practices, responsible and effective federal regulation of the data industry, and legislation governing the practices of all data providers. Veratad also supports industry oversight and active engagement with the privacy community. Veratad believes that strong privacy and information security protections are vital for an effective and trusted data industry.
Online Privacy
Veratad strives to protect the privacy of personally identifiable information obtained over the Internet and strives to apply our Data Privacy Principles and evolving standards to the online environment.
Identify Theft
Veratad strives to prevent the acquisition of information from its products and services for improper purposes, such as identity theft. Veratad believes that it is important that individuals who may have had their sensitive personally identifiable information acquired by an unauthorized individual be notified as follows: Where a state law requires notice, Veratad complies with the law. In those states where notification laws do not exist, Veratad follows its Information Security Breach Response and Notification Policy, which provides that affected individuals will be notified when sensitive personally identifiable information owned or licensed by Veratad is acquired by an unauthorized individual and whenever Veratad has a reasonable basis to believe the breach has resulted in, or there is a significant risk that it will result in, identity theft to the consumer to whom the information relates.
Compliance
Veratad will attain assessments from a qualified, objective, independent third-party, who uses procedures and standards generally accepted in the profession to assess Veratad’ administrative, technical, and physical safeguards, as appropriate.
