Agenda Item
Meeting Date: 2/25/2013 - 7:30 PM
Category: Business/Action Items
Type: Action
Subject: 16.10 Immersion Invoice Payment
LCAP (Local Control Accountability Plan) Goal:
Policy:
Enclosure: Immersion Invoices
File Attachment:
Immersion Invoice 67103.pdf
Immersion Invoice 67106 022513.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. The District worked with Immersion, a vendor recommended by the Beasley Syndicate of Lloyds and London, who provides and administers the District's cyber liability policy.

Approximately 17,000 individuals were notified and informed of their legal rights as well as the credit monitoring and identity theft protections provided by the District. The notification process involved address lists management, accessing the National Change of Address database, locating all involved individuals, printing, inserting and mailing the notifications. Also, Immersion provided call center services to help answer affected individuals' questions as well as obtaining credit monitoring and theft protection services.

As was reported at the January 14, 2013, Board meeting, Immersion has submitted two invoices for a total of $43,500.96. The District is responsible for paying this portion within the $100,000 self-insured retention on the cyber liability policy.
Funding: General Fund -- Risk Management Budget
Fiscal Impact $43,500.96
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 Lynne Dennler Moved, Member Linda Mayo seconded to approve the New motion 'Approve payment of the Immersion Invoice.'. 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