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KAR Auction Services Inc.

01/21/2021 | Press release | Distributed by Public on 01/21/2021 08:38

KAR Global Launches “Privacy Pam” to Bolster Digital Transformation

Industry-First Program Helps Safeguard Customer Data While Ensuring Compliance with Evolving Privacy Protection Standards


KAR Auction Services, Inc. d/b/a KAR Global (NYSE: KAR), a global vehicle remarketing and technology solutions provider, announces the launch of Privacy Pam™, the company's new privacy mascot and training program for employees. The initiative reflects the increasing evolution of the remarketing industry and KAR's commitment to advancing industry-leading digital used vehicle marketplaces through its broad portfolio of remarketing solutions.

'KAR is committed to operating the fastest, most intuitive and transparent digital marketplaces in the industry. And with that comes the responsibility to safeguard the privacy and security of our customers and their data,' said KAR Global Chairman and CEO Jim Hallett. 'KAR introduced Safe T. Sam eight years ago and set the industry standard for auction safety. Today we're proud to introduce Privacy Pam to advance our commitment to data privacy in the digital age.'

Over the coming weeks and months, Privacy Pam will deploy proprietary new employee training modules developed under the guidance of KAR Global Chief Privacy Officer Michelle Bray and Chief Information Security Officer Leon Ravenna. The interactive curricula is designed to engage employees through fun tips and tricks that reinforce current best practices while familiarizing them with relevant laws and regulations.

'Digital marketplaces provide a lot of advantages for buyers and sellers in terms of speed, flexibility and reach, but there can be no compromise on customer trust or security,' said Bray. 'Privacy isn't a nice-to-have; it's the minimum price of entry in the digital world. KAR has made meaningful investments in technology and staff to advance its information and data protection capabilities over the past several years. And as the growing patchwork of government and customer requirements continues to evolve, Privacy Pam will help ensure every KAR employee around the globe is aligned, aware and mobilized around this priority.'

The first Privacy Pam awareness module will launch globally to all KAR employees in conjunction with Data Privacy Day on January 28, 2021. Forthcoming curricula topics include the difference between privacy and security, personal information, global privacy, maps, cookies, the cloud and mobile privacy.