Symcor Wins Prestigious 2010 HP-IAPP Privacy Innovation Award

TORONTO, Oct 8 /CNW/ - A process designed to protect sensitive financial information in client statements has earned Symcor Inc. the International 2010 HP-IAPP Privacy Innovation Awards.

The International Association of Privacy Professionals (IAPP), a global association of privacy professionals, announced that Symcor is the 2010 winner of the Award in the large organization category (more than 5,000 employees).

With a growing global focus on privacy protection, this award is coveted by organizations around the world. Only three applicants are selected to win these awards each year, with winners judged on their ability to demonstrate exceptional integration of privacy programs and leadership in privacy protection. Symcor, Minnesota Privacy Consultants and Microsoft Corporation are the 2010 recipients.

Symcor is a North American leader in financial transaction processing, providing statement services for some of Canada's major financial, telecommunications, insurance, utility and payroll institutions. Each year, Symcor sends out nearly 700 million statement packages, including confidential bank and credit card statements. Managing such a large scope of sensitive data led Symcor to develop new technologies which would set a new standard for privacy protection in Canada.

"Symcor won for its 'A-Integrity Process,' which is designed to manage and protect sensitive financial information that is ultimately presented to customers in the form of client statements," says Della Shea, Symcor's Chief Privacy Officer. 

"Symcor's services have the potential to touch millions of people across North America and we are fully committed to protecting their privacy," says Meegan Hinds, Senior Vice President and General Manager for Symcor's Statement Services business.  She adds, "A-integrity established a new standard in data protection with an industry-leading error rate of less than one per million statements produced. Symcor has been improving on and surpassing this rate year over year."

A robust privacy incident management process was also developed to standardize error identification and resolution. Symcor's dedicated Privacy Office provides overall governance to the process and has instilled a deep culture of privacy awareness throughout the organization.

About Symcor
Symcor Inc. is one of North America's largest financial processing companies, providing the infrastructure services for transactions involving checks, lockboxes and credit cards, as well as statement-to-payment services. Symcor's processing services bridge the paper and electronic environments, enabling customers to cost-effectively streamline operations. Employees across our North American operation are dedicated to helping our customers achieve success in their markets. Corporate offices are located in Toronto, Ontario and Atlanta, Georgia. For more information, visit http://www.symcor.com.

For further information:

Sandra de Souza
Director, Corporate Communications
Symcor Inc.
905-273-1096
[email protected]