LAUNCHER.SOLUTIONS (Launcher), creator of appTRAKER Loan Origination System, announced today it has successfully met all security requirements for its Experian Independent Third Party Assessment certification. This certification is an annual assessment of a third party’s ability to protect Experian provided consumer data. Launcher is one of the few businesses with a loan origination platform specific to subprime automotive lending to have earned the EI3PA certification.
Our goal is to be always ahead of the pack in terms of technology, security, and scalability
Launcher’s appTRAKER Loan Origination System was created for subprime automotive lenders and places a high priority on the security of consumer information. “This stringent third party assessment, audit and certification of our security operation validates the maturity of our infrastructure, our solution, and our team” said Nikh Nath, President of Launcher. “Our goal is to be always ahead of the pack in terms of technology, security, and scalability.”
Automotive lenders rely on their vendors to protect their consumers’ sensitive data by implementing controls, policies, and procedures that are needed to reduce the risk of a data breach. Said Nath, “Considering the severity and vast amount of data breaches that has occurred in the past few years, Launcher has chosen to demonstrate its commitment to data security with the EI3PA certification that is most relevant to our credit industry.”
The EI3PA standard is based on the Payment Card Industry Data Security Standard (PCI DSS) Level 1 standard and mandates that all organizations have a qualified security assessor (QSA) perform a third-party audit to demonstrate compliance. The security practices cover not just Experian data but all Non Public Information (NPI) including customer names, Social Security Numbers, Addresses, other data obtained from other credit bureaus, and any other data not considered non-public. Assessments of the effectiveness of several areas are
analyzed including but not limited to:
-Firewall integrity protecting affected data systems
-Policies and documentation
-Encryption controls verifications
-Stored data protection
-System and processes security
-Identity management and access controls
About LAUNCHER.SOLUTIONS: LAUNCHER.SOLUTIONS is a technology products and services company built on the foundation of care, understanding. innovation, and speed. It specializes in the subprime/nearprime automotive lending industry. Its innovative products include appTRAKER LOS, myDEALER.CARE dealer relationship management system, and myACCOUNT.CARE customer self-service and communication solution. LAUNCHER.SOLUTIONS has service offerings aimed at helping its clients with projects related to data analytics, data integration, telephony and custom web development. Learn more about LAUNCHER.SOLUTIONS at http://www.launcher.solutions or call at 877.5LNCHER. Follow us on LinkedIn at https://www.linkedin.com/company/launcher.solutions.
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