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Meeting Date:
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Category:
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Type:
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Subject:
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6.7 (Item #8) Experian ProtectMyID Elite Invoice Payment |
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LCAP (Local Control Accountability Plan) Goal:
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Enclosure:
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3 Experian Invoices and 1 NPC (Immersion) Invoice |
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File Attachment:
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Summary:
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On December 1, 2012, a laptop with sensitive material was stolen. The District implemented Security Breach Notification protocols and a membership in ProtectMyID Elite was offered to potentially affected individuals.
On December 1, 2012, a laptop with sensitive material was stolen. The District implemented Security Breach Notification protocols and a membership in ProtectMyID Elite was offered to potentially affected individuals.
The District has paid $80,954.20 and must pay another $19,045.80 to Experian to satisfy the $100,000.00 retention. A twenty percent (20%) coinsurance is required for any amount over the $100,000.00 retention. The attached invoices total $48,316.50. Paying $19,045.80 of the $43,267.50 Experian invoices leaves a balance of $29,270.70 and the total 20% coinsurance fee for all attached invoices is $5,854.14 ($4,844.34 to Experian and $1,009.80 to NPC (Immersion)). Therefore, the $19,045.80 retention plus the $5,854.14 coinsurance totals $24,899.94.
There have been 2,942 enrollments in ProtectMyID Elite. |
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Funding:
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General Fund -- Risk Management Budget |
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Recommendation
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Approve payment as presented. |
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Approvals:
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Recommended By: |
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Signed By: |
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Jayne Williams - Interim General Counsel |
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Signed By: |
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Bryan Richards - Chief Financial Officer |
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Signed By: |
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John Bernard - Interim Superintendent |
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Vote Results:
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| Original Motion | | Member Moved, Member seconded to approve the Original motion 'Approve Consent Agenda.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0. | | The motion Carried 5 - 0 | | | | | Lynne Dennler | Yes | | Linda Mayo | Yes | | Brian Lawrence | Yes | | Cheryl Hansen | Yes | | Barbara Oaks | Yes | |
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