Newark, Delaware, November 26, 2024 — SIMM Associates, Inc., a leading provider of ARM/BPO and probate debt collection servicing, is proud to announce the successful completion of its annual renewal process for several critical security and compliance certifications, reinforcing its commitment to data protection, privacy, and operational excellence. The company has successfully renewed its certifications for PCI-DSS Level 1, SOC 1 Type 2, SOC 2 Type 2 and ISO 27002/HIPAA.
These certifications validate SIMM’s ongoing efforts to ensure the highest standards of security, risk management, and regulatory compliance in an increasingly complex digital landscape.
Key Certifications and What They Represent:
- PCI-DSS Level 1: This certification demonstrates SIMM’s commitment to the highest standards for securing credit card data and financial transactions. PCI-DSS Level 1 is the most stringent level of the Payment Card Industry Data Security Standard, required for organizations processing large volumes of cardholder data.
- SOC 1 Type 2: This audit verifies the effectiveness of SIMM’s controls relevant to financial reporting. It provides customers with assurance that their financial data is being handled securely and accurately.
- SOC 2 Type 2: This certification reflects the company’s adherence to the Trust Services Criteria (TSC) for security, availability, processing integrity, confidentiality, and privacy. It reassures customers that SIMM Associates, Inc. is managing their data securely and in compliance with industry best practices.
- ISO 27002: A globally recognized standard for information security management systems (ISMS), ISO 27002 demonstrates that SIMM Associates follows best practices for managing and safeguarding sensitive information.
“We are pleased to announce the renewal of these important certifications, which reflect our unwavering commitment to providing secure and compliant services to our clients,” said Jeffrey Simendinger, Chief Operating Officer at SIMM Associates, Inc. “These renewals further reinforce our position as a trusted partner in the industry, demonstrating that we continue to meet the highest standards for data protection, privacy, and compliance.”
The completion of this annual renewal process underscores SIMM’s dedication to safeguarding client data, maintaining the highest level of operational transparency, and ensuring ongoing compliance with the latest industry standards and regulations.
For more information on SIMM Associates’ security and compliance efforts, please contact Don Newcomb Director of IT at [email protected].
About SIMM Associates, Inc.
SIMM Associates, Inc. is a full service nationally licensed ARM and BPO company providing collection solutions and customer engagement to the student lending, consumer lending, credit/retail card, FinTech, healthcare, auto finance, credit union and debt buying industries. SIMM also provides best in class deceased care solutions that encompass decedent verification, estate location scrub, proprietary Probate Tracker™ claim filing process and an empathetic survivor recovery solution all performed with brand sensitivity and regulatory compliance in mind. With a commitment to security, innovation, and customer satisfaction, SIMM Associates, Inc. delivers collection solutions to businesses worldwide. SIMM Associates, Inc. is trusted by ARM leaders for its robust security frameworks, reliability, and cutting-edge technologies. SIMM services customers throughout the United States including Puerto Rico. For more information, please contact Jeffrey Simendinger COO, [email protected] (302)283-2802.
For Media Inquiries:
Jeffrey S. Simendinger
COO
SIMM Associates, Inc.
(302)283-2802
[email protected]
www.simmassociates.com
This press release format includes key information regarding the completion of the annual renewal for certifications, ensuring that customers and stakeholders are aware of SIMM Associates, Inc.’s ongoing commitment to security and compliance.