Agenda Item
Meeting Date: 2/25/2013 - 7:30 PM
Category: Business/Action Items
Type: Action
Subject: 16.8 Experian ProtectMyID Elite Invoice Payment
LCAP (Local Control Accountability Plan) Goal:
Policy:
Enclosure: Experian Invoice
File Attachment:
Experian Invoice.pdf
Summary: On December 1, 2012, District staff discovered that a laptop computer that potentially contained sensitive material had been stolen. Consequently, the District implemented Security Breach Notification protocols. All the potentially affected individuals were notified and provided extensive credit reporting, identity theft protection, resolution and insurance by way of a membership in ProtectMyID Elite from ConsumerInfo.com an Experian Company.

Experian was a vendor recommended by the Beasley Syndicate of Lloyds of London who provided and administered the District's Cyber-Liability insurance policy. The District is responsible for paying Experian within the $100,000 Self Insured Retention set forth in the cyber liability policy. On the date of the invoice 1,002 people had enrolled. At a unit price of $27.50 per person, the District's initial expenditures were $27,555. As was reported at the January 14, 2013, Board Meeting, over 1,743 people opted to receive the credit protection plan. Consequently, the District expects further invoices from Experian.
Funding: General Fund -- Risk Management Budget
Fiscal Impact $27,610.00
Recommendation: Approve payment as presented.
Approvals:
Recommended By:
Signed By:
Greg Rolen, Esq. - General Counsel
Signed By:
Bryan Richards - Chief Financial Officer
Signed By:
Steven Lawrence - Superintendent
Vote Results:

New Motion
Member Linda Mayo Moved, Member Lynne Dennler seconded to approve the New motion 'Approve payment for the Experian ProtectMyID Elite Invoice Payment'. Upon a Roll-Call Vote being taken, the vote was: Aye: 5 Nay: 0.
The motion Carried 5 - 0
   
Linda Mayo     Yes
Lynne Dennler     Yes
Cheryl Hansen     Yes
Brian Lawrence     Yes
Barbara Oaks     Yes