Incidences of identity theft are becoming common and everyone can be a victim.
In many cases, the victims of identity theft fail to know that their identity have been stolen until they receive their credit card statement charges they are not aware of, or money is withdrawn from their bank account without their knowledge, or when they apply loan just to be denied because something negative on their credit report. In addition, there are a number of identity theft horror stories out there.
Therefore, the passing of Identity Theft and Assumption Deterrence Act in 1998 by the Congress was a worthy move. Through this act, identity theft has become a Federal offense. This legislation makes it prohibited to knowingly transferor use, without having any lawful authority, an identification of another person with the intention of committing, or aiding or abetting any unlawful activity constituting the Federal law, or that constitutes any form of felony under any applicable local or State law.
This new legislature added the existing laws some teeth that enabled the Department of Justice to prosecute cases of fraud and identity theft under a different Federal statutes. Unfortunately, we still hear about many fraud and identity theft cases despite added teeth to law enforces. This brings the question, will to wait until your identify is stolen?
LifeLock is a specialist in identity theft prevention based in Tempe, Arizona, with the focus of stopping this cybercrime by hindering data thieves and pirates from gaining access to your private information.
Signing up for LifeLock services provide you with the following five points of protections:
They effectively monitor your identity
Scanning for your identity threats
They react to identity threat
There is a guarantee in their services
They help in tracking your credit score
Besides credit monitoring service, they also help in protecting your personal information. Undoubtedly, they have wonderful combination data surveillance techniques and an outstanding member services. LifeLock’s services are available based on twenty-four hours a day and seven days a week.
Signing up takes a few minutes, after which you receive a confirmation email stating your member benefits. This email you will receive within forty-eight. After this, you will be directed to your personal online member portal where you can finish or edit your profile, and also provide other important information to be used for monitoring your identity. Even though it requires forty-eight hours to get all this information, this should not worry you since you will be protected immediately upon your enrollment completion.
Signing up for LifeLock services gives you four different programs to choose such as the following.
LifeLock Credit Score Management
LifeLock Basic
LifeLock Ultimate
LifeLock Command Center
LifeLock Protection Services
You will also receive:
Notification for both credit and non-credit threats
Removal from pre-approved credit offers
Access to member portal dashboards and alerts
They will also monitor criminal websites where there may be an illegal trading of your personal information
Scanning of National databases for new address information
Twenty four seven availability of live phone support
There are lost or stolen wallet remediation services, for replacing or cancelling credit and debit cards
You gain a direct access to the fraud resolution teams, and these teams work directly with lenders and service providers
You also get access to dedicated remediation specialist
There is service guarantee
The referrals for additional services like legal
LifeLock Command Center
This service provides all services that the regular LifeLock gives as well as the following:
Improved recording of threats
The scope is expanded to include court and public records
Searches the availability of known alternate names
Nationwide monitoring of payday loans
LifeLock Ultimate
Here the services include those provided by LifeLock Command Center plus the following:
It sends an alert whenever credit inquires appear on the credit report
It also sends an alert when new checking and savings accounts are opened
Some comprehensive ID theft protection available
Tri-bureau credit report inquires
This scans for changes in contact information on your existing checking and savings accounts
Internet access to your annual credit scores and reports anytime
Improved protection against identity theft
Monitors all of the three credit bureaus
Email notifications about your score’s changes
Tracking of the credit score
Limitless internet access to your credit report information
Showing you how your identity and credit score appear
LifeLock Credit Score Manager
This service covers:
Monitoring the three credit bureaus
Email notification score’s changes
Credit score tracking every month
Unlimited internet access to your credit report information
Be assured of a million dollar identity theft service guarantee, upon signing up for either LifeLock or LifeLock. This implies that if there is a defect or failure in their service resulting to you becoming a victim of identity theft after enrolling in either of the two programs, they will spend as much as one million dollars to ensure that you recover your identity. This includes hiring investigators, experts, lawyers, so long as you recover your identity.
Other great benefits include their zero deductible identity theft insurance for reimbursing you for some expenses such as lost wages, elderly or /and child care, travel expenses, document replacement fees, and fraudulent withdrawals.
After verifying the claim, they will:
A sign a resolution specialist to be your sole point of contact as well as access to their toll free resolution line.
Do a case assessment through the resolution specialist and another third party recovery expert
Inform you of your rights and your expectation during the recovery period
Provide an easy to follow instructions on handling your responsibilities and whatever is required of you for the recovery
At the end of the recovery process, they will call you to follow up and confirm your satisfaction as well as to ensure that there is full recovery of your identity.
The above benefits clearly show why Lifelock is the ultimate choice and remains the most comprehensive Identity Theft Protection out there.