AmEx Deploys Consumer Anti-Fraud Solution
American Express launched its “ID Protect Premium” comprehensive identity theft prevention service. Assisting consumers in detecting and preventing fraud before it occurs, the service provides enhanced safeguards such as continuous monitoring of black market chat rooms for personally identifiable information, daily credit monitoring for any changes made to a consumer’s credit profile, and access to Norton(TM) Internet Security Online to combat malware. The American Express “ID Protect Premium” offers consumers resolution assistance, customer support and up to $1,000,000 of identity theft insurance. It also gives new sign ups one-time access to reports from top credit bureaus.