Asset Recovery Solutions Achieves Tech Lock Certified, Reduces Risk and Proves Compliance

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Tech Lock, Inc announces Asset Recovery Solutions, LLC achievement of its Tech Lock® Certified program. Tech Lock® Certified is a holistic compliance assessment, combining multiple regulatory and industry standard control objectives into a single audit to provide the agency cost savings and provide their clients with a true data security compliance validation. Tech Lock® Certified combines all applicable Federal, State, and Contractual requirements into a single audit for the client.

Over the past year it has been said time and time again that compliance directly effects your bottom line.  Whether it’s a CFPB audit, avoiding a data breach, reducing risk, increasing system uptime, or satisfying client or attorney general requirements, Tech Lock, Inc will assist you in meeting your goals and prove your compliance. Implementing Tech Lock® Certified will allow you to achieve 100% of your data security and compliance requirements, not just a portion.

“Before partnering with Tech Lock, Inc we shopped around and no other company had a program as comprehensive as Tech Lock® Certified. We also had different requirements from several clients to demonstrate compliance with various audits. As the list grew from ISO 27002, SSAE 16, and GLBA to PCI DSS, Nevada NRS 603a and Massachusetts 201 CMR 17.00 we knew our return on investment into Tech Lock Certified would pay significant dividends and it has,” says Tony Eshaya, ARS’s COO. “Our goal was to partner with a security company with expertise in the ARM Industry, like Tech Lock, to ensure we were meeting or exceeding the requirements and interpreting the controls of the various standards correctly.  As with most companies in a highly regulated industry, mistakes can be costly. Tech Lock® Certified offered ARS lower risk and the greatest value in a compliance investment.”

“Unfortunately, for agencies and service providers within the ARM industry, there is a multitude of Federal and State Laws to comply with,” says Todd Langusch, Industry Expert and Tech Lock’s founder. “In addition, there may be contractual requirements to store, process, or transmit credit card or cardholder information.  Tech Lock® Certified was created to be the primary vehicle for companies in the ARM Industry on the road to compliance. There are just too many requirements out there to try and tackle them individually and separately. Organizations that only submit a SSAE 16 or ISO 27002 may be missing compliance with Nevada NRS 603a if they have non-public information on their systems and accept a payment card.”

Asset Recovery Solutions, LLC is a full service asset recovery management company that is committed to establishing unmatched standards of performance. ARS is a strategic partner to many of the largest credit issuers in the country. It offers a full range of solutions across a vast array of asset classes that includes credit cards, consumer loan, student loan, automotive and retail. For more information, visit www.assetrecoverysolutions.com.

Tech Lock, Inc. is focused on serving the ARM industry, including credit grantors, collection agencies, debt buyers, service organizations, healthcare providers and more. Tech Lock’s IT professionals all possess Fortune 100 and ARM industry experience. This makes Tech Lock uniquely skilled in serving the ARM industry as it relates to information technology, data security, and regulatory compliance. Tech Lock is a service disabled veteran owned small business. For more information, please visit www.techlockinc.com.

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Posted in Collection Technology, Data Security, Debt Collection .

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