LCS Financial Services Achieves ISO/IEC 27001:2005 Certification

LCS Financial Services Corporation, a leader in post-charge off collections for the financial services sector, is pleased to announce that it recently earned the ISO/IEC 27001:2005 Management System certificate.

The ISO/IEC 27001:2005 certificate recognizes companies that are dedicated to implementing critical business controls that serve to mitigate and manage company-wide risk. In addition, the certificate confirms that all aspects of the business are operating within strictly defined standards and procedures.

According to Leo C. Stawiarski, Jr., President and CEO at LCS Financial, earning the certificate gives LCS Financial and its clients an operational advantage.

“LCS Financial’s processes and operations have been rigorously dissected and re-engineered for optimal levels of performance and minimal levels of risk,” said Stawiarski. “This validates our long-held dedication to ensuring that the company’s information security management systems and business processes are operating in the most efficient and effective manner.”

The achievement of such a prestigious certification corroborates LCS Financial’s commitment to planning, document and record control, risk management, and adherence to clear policies relating to the company’s core services. These services include collections, bankruptcy, asset searches and skip tracing. Supporting activities, such as information technology, facilities and third-party vendor management, also adhere to ISO/IEC 27001:2005 standards.

“By achieving this certificate,” said Stawiarski, “our clients can be confident that their accounts are being managed with the highest levels of integrity and in accordance with one of the most tightly controlled information management standards available.”

ISO/IEC 27001:2005 was developed by the International Organization for Standardization (ISO) and is recognized by the international business community as a leading standard for controls over a range of business processes from security and technology to communications, personnel and operations.

LCS™ Financial Services Corporation is an affiliate of LCS™ Receivables Management, LLC, and a leader in post charge-off recoveries for the financial services sector. LCS Financial is backed by more than 25 years of experience in collections. Together, LCS Financial and its affiliated companies, span the recovery spectrum from loan servicing and nationwide collections to debt acquisition and sales.