SOURCE: LockPath

LockPath

October 28, 2013 10:23 ET

New LockPath Whistleblower Portal Provides Secure, Anonymous Reporting

New Cloud-Based Service Provides Anonymity to Users and Lets Companies Manage Issues Internally

OVERLAND PARK, KS--(Marketwired - Oct 28, 2013) - LockPath, a provider of innovative governance, risk management and compliance (GRC) solutions, today announced the release of Anonymous Incident Portal (AIP), a new cloud-based service that lets users securely and anonymously report incidents, complaints, violations and more. The offering lets users submit information to their company first before reporting it to the Security and Exchange Commission (SEC), allowing the company to manage incidents internally before they become public.

"This service comes at a time when whistleblowing is on the minds of many organizations," said Chris Caldwell, CEO of LockPath. "Edward Snowden and Bradley Manning both brought light to the issue of whistleblowing this year, and the trend is not going away anytime soon. In fact, New York is currently considering a law to reward and protect whistleblowers."

Many companies are required to submit incidents directly to the SEC, which is not only an inconvenience to employees, but can also deter personnel from reporting justifiable claims. Often employees do not feel comfortable submitting an incident directly to the SEC for fear of repercussions to themselves and to their companies, and recent court rulings have raised questions about when protections for whistleblowers apply.

AIP addresses this issue by letting employees and the public submit anonymous incident reports. Using AIP, whistleblowers, or reporters, are directed to a secure web portal managed by LockPath where they can submit issues they are not comfortable reporting to the company directly. Users have the option to attach photos or documents supporting their observation, and the incident record does not include any personally-identifiable information. From the employer's perspective, learning about and handling potential issues internally before they are exposed to the broader public is critical to maintaining its reputation.

"Employees often struggle with deciding when to report an incident and when to remain quiet given potential repercussions like harrassment by the business, a career-limiting move, or termination," added Caldwell. "AIP eliminates this fear by providing an anonymous and secure portal to express concerns, which can ulimately create an improved working environment for employees and ensure that a company's reputation is in its own hands, rather than in the hands of someone else."

For more information on LockPath's Anonymous Incident Portal please visit: http://go.lockpath.com/aip.

About LockPath
LockPath brings a flexible, pragmatic approach to governance, risk management, compliance and security programs. Its solutions help organizations gain a deeper understanding of their security and risk posture while reducing their audit fatigue by aligning people with their processes and the enabling technology. LockPath provides the platform to efficiently manage and harvest meaningful data from GRC activities, including regulatory compliance, policy life cycle, information security risk data, incidents, disaster recovery plans, third party assessments and internal audits. LockPath is headquartered in Kansas City. Visit LockPath.com to learn more.