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December 20, 2017 (Midland, TX); New Teraco, Inc. (“Teraco”) achieves HIPAA and HITECH Compliance

Teraco announced today the results of an extensive audit conducted to qualify its production facility to work in the Healthcare Sector. Third Party Experts in the Secured Payment and Insurance Card Industry determined Teraco to be “well positioned to securely receive and process sensitive data, including Personal Health Information “PHI” and Personally Identifiable Information “PII”, and process product requiring confidentiality and physical protections as determined by HIPAA Security and Privacy Rules and HITECH Meaningful Use Requirements”. Implemented across a 120-Day test period, a comprehensive Physical and Logical security controls risk assessment was utilized to codify Teraco’s compliance status.  Teraco Chairman & CEO, Harrison A. Bubrosky congratulated the Team “Guy Meeker, President & CEO, led a highly successful project by establishing and documenting a program of continuous physical and logical security controls in order to attain HIPAA Compliance. The Team demonstrated a very strong and cohesive work ethic during the entirety of a demanding and complicated process.”   Meeker commented “this marks an important milestone in Teraco’s evolution as an industry leader in providing a secure-access-control manufacturing, personalization and fulfillment environment for all of our Customers.”  Bubrosky explained that “as a result of the sharp increase and extent of data breaches across Corporate America, Teraco made a conscious decision to establish a 360 Degree Security Platform for our Closed-Loop Card Market Customer.”

Company Contact:

Guy Meeker, President & COO

guy.meeker@teraco.com