Cyber criminals have become more sophisticated these days and identity theft has become a great concern. Whenever one uses online banking, shop online, use a credit card, take on a job, or any activity where information is submitted online like social security, home mortgage or car rentals, there is always a risk that your information could fall into the wrong hands and you may not be aware of it till months later. Lifelock is a service that protects your identity, not just from credit fraud but from all online activities that look suspicious.
Lifelock is an anti-identity theft service that provides you security at three distinct levels: protection, detection and peace of mind. To protect you, whenever it detects that your identity is being used in an application for credit or for services, it alerts you via email, postal mail or phone. Once you indicate that the attempt is fraudulent, Lifelock's remediation team will act to protect your identity. Lifelock also requests removal of your name from pre-approved credit card offer mailing lists.This reduces the chances that someone could gain access to personal information about yourself without authorization. Lifelock actively detects suspicious activity involving your personal identity. It monitors the top three credit reporting agencies: Equifax, TransUnion, and Experian. Monitoring is daily, unlike other monitoring services that only issue quarterly reports. When Lifelock detects fraudulent activity involving your identity, it places a fraud alert on your file so that lenders are informed that they need to verify your identity first before authorizing new credit. And to give you peace of mind, Lifelock is one of the first companies to offer $1 million worth of identity theft insurance (due to New York State law restrictions, however, this is not available to New York residents). With this insurance, if ever you fall victim to identity theft, Lifelock will spend up to this amount to hire or pay lawyers, investigators and whoever else may be required to assist you. They will do everything in their power to clear your name and recover what losses were related to the identity theft.
The fact that Lifelock currently has over 1.7 million members is proof of the public's confidence in their services. In August 2010, Inc. magazine ranked Lifelock #8 on its 29th Annual Inc. 500 list which is a ranking of the nation's fastest-growing private companies. You can be one of these confident people who need not worry ever again about your identity being stolen.