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Consumers Can Take Control of Their Identities with Next Generation of Identity Theft Protection

Business Wire, 8 January 2010

Consumers looking for a comprehensive solution to help protect their personal information need not look any further than LifeLock, Inc. (www.lifelock.com), as the industry leader in identity theft protection has expanded the variety of service offerings available.

Protect Your Identity with Cedit WatchFocused on innovation and amplified consumer protection, LifeLock has recently deployed the LifeLock Command Center™ protection suite, providing members with a behind-the-scenes look into how consumers’ personally identifiable information is reported and used. In addition, LifeLock now offers LifeLock members Computrace® LoJack® for Laptops – Premium edition service from Absolute® Software.

“Today we are able to offer our members the strongest layer of proactive identity theft protection available by continuing to expand our range of protection,” said Todd Davis, LifeLock CEO. “Our pioneering LifeLock Command Center services allow us to use advanced technology to alert our members of a potential misuse of their personal information in a broader scope than ever before, while the LoJack for Laptops service will help safeguard our members from fraud and identity theft in the event their computer is stolen. Both of these services will redefine how identity theft protection is viewed, and we owe that to our loyal LifeLock members who have helped us to shape an industry.”

For an additional monthly fee, LifeLock members can receive the LifeLock Command Center service. LifeLock® services help protect members from misuse or inaccurate representation of consumers’ personally identifiable information across various databases and files. LifeLock Command Center includes the basic LifeLock services with the added benefits of the LifeLockIdentity SDS™ (Search, Detect, Secure) system and LifeLock Personal Breach Protection™ service. LifeLockIdentity SDS helps to alert members to potential identity threats quickly by monitoring the Internet and non-credit related sources, including but not limited to payday loans, public records and court records for personal identifying information. LifeLock Personal Breach Protection actively monitors peer-to-peer file sharing networks for potential breaches of personal identifying information.

In an effort to help consumers take aim at laptop theft and the misuse of personal information, which can lead to identity theft and fraud, LifeLock now offers its members special savings when they purchase Computrace LoJack for Laptops – Premium edition service. According to a 2008 study by the Ponemon Institute, approximately 12,255 laptops are stolen, lost, or go missing on average each week just at U.S. airports. Computrace® LoJack(®) for Laptops by Absolute® Software is a comprehensive, software-based theft recovery service. The service tracks, locates, and recovers stolen computers while providing consumers with the ability to protect their personal information from identify theft. The Premium edition includes a service guarantee from Absolute® Software that will provide up to $1000 in the event a stolen computer is not recovered within 60 days or the consumer is unable to delete their personal information from the device.

* Current LifeLock members can elect to upgrade their service to the LifeLock Command Center™ protection suite by visiting https://secure.mylifelock.com/portal/login.aspx and clicking on “upgrade” or by calling 1-800-LifeLock and selecting Option 2. Current LifeLock members will be charged an additional $5 monthly for the upgraded services.

* Consumers interested in signing up for LifeLock or LifeLock Command Center can do so by visiting www.lifelock.com or by calling 1-800-LifeLock.

* For a limited time, LifeLock members can purchase LoJack for Laptops – Premium Edition as an a la carte offering with a 42 percent savings through the LifeLock member portal. After February 1, members will receive a 15 percent savings on the software. To subscribe, contact LifeLock at 1-800-LifeLock.

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The number and overall cost of identity theft cases continue to grow every year as a result of a multitude of factors that include a tough economic environment, tough labor market, the increasing trend towards digitalization of personal information, the lack of stringent data security measures from organizations handling data and personal information, and lack of prudence on the part of consumers about the importance of protecting their personal information. Identity theft is an issue that is not easy to detect until it is too late. Furthermore, identity theft is also not easy to comprehend until a person experiences it firsthand. A proactive approach to identity theft protection is highly recommended as opposed to one that is more reactive.

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