Intersections Inc. , a leading provider of consumer and corporate
identity theft prevention services that has protected over 30 million
consumers announced that starting today, its IDENTITY GUARD(R) product
suite will be enhanced with a more robust identity theft recovery
service, ITAC Victim Assistance. ITAC, the Identity Theft Assistance
Center, is the national advocate for identity theft victims and a
leading voice on identity policy. A nonprofit supported by financial
services companies, ITAC is dedicated to protecting all consumers
through education, research and the criminal prosecution of identity
crime. Intersections is the exclusive service provider of ITAC Victim
Assistance.
“Identity theft isn’t going away anytime soon. Javelin Strategy&
Research’s 2010 Identity Fraud Survey Report saw a 12 percent increase
in the number of identity theft victims in the U.S. just last year,”
said Steve Schwartz, Executive Vice President, Intersections Inc. “While
no one can guarantee identity theft prevention, consumers have come to
rely on the IDENTITY GUARD(R) award winning services to assist them in
their fight against identity theft and to help protect them from the
latest threats. Now we are joining with ITAC to offer industry leading
recovery services to our customers.”
ITAC created the first national identity theft resolution network six
years ago for financial services companies that offer it as a free
service for their customers. Recognized for its innovative
public/private solution to identity theft, ITAC and its dedicated team
of identity theft recovery professionals will add significant value to
the IDENTITY GUARD(R) product suite.
An exclusive feature of ITAC Victim Assistance that will now be
available to IDENTITY GUARD(R) customers is the electronic notification
to all ITAC Member companies, primarily banks, that alert them of
suspected fraud. Customers can also rely on ITAC recovery professionals to:
Conduct a review of their current credit reports to make sure there are
no account inaccuracies or red flags that might indicate previous
incidents of identity theft;
Contact creditors about suspicious accounts so they can be properly
handled or shut down to prevent credit damage;
Assist them in the recovery process and provide guidance on what steps
to take to fully recover their financial reputation;
Document findings during the recovery process for future reference; and
Share information with law enforcement officials and the Federal Trade
Commission (FTC) to help investigate identity crimes and lead the
customers through the loss reporting and recovery process.
“ITAC and its member companies have worked with Intersections for six
years and are impressed by their integrity and their commitment to
consumers and to innovation ,” said ITAC President Anne Wallace. “This
agreement helps us come closer to meeting our goal of making victim
assistance available to all consumers by extending our reach and ability
to help them in their time of need.”
About Intersections
Intersections Inc. (Nasdaq: INTX) is a leading global provider of
consumer and corporate identity risk management services. Its premier
identity theft, privacy, and consumer solutions are designed to provide
high-value opportunities to its marketing partners, including leading
financial institutions, Fortune 100 corporations, and other businesses.
Intersections also markets full identity theft protection solutions
under its brand, IDENTITY GUARD(R) (www.identityguard.com).
Intersections’ consumer identity theft protection services have
protected more than 30 million consumers.
To address the growing threat of corporate fraud, Intersections and its
subsidiaries provide cutting-edge identity management solutions
including security breach remediation; pre-employment background
screening; and corporate brand protection.
For advice, opinions, and the latest news on identity theft for
consumers, visit http://www.IDGuardian.com. Twitter handle: IDGuardian.
For educational tools and resources on breach readiness for businesses,
visit http://www.BreachCenter.com. Twitter handle: BreachCenter
About ITAC
ITAC, the Identity Theft Assistance Center
(www.identitytheftassistance.org), is the national advocate for identity
theft victims and a leading voice on identity policy. Millions of
consumers have access to the ITAC victim assistance service through our
members – the financial services companies who support ITAC and offer it
as a free service for their customers. ITAC is dedicated to protecting
all consumers through education, research and the criminal prosecution
of identity crime. Through our partnership with Intersections Inc.,
ITAC’s world-class victim assistance and identity management service is
available to everyone through ITAC Sentinel(R) (www.itacsentinel.com)
*Rated “Best in Class” for Personal Information Monitoring Services in
Javelin Strategy and Research’s 2009 Consumer Identity Protection
Services Scorecard for Identity Protection
