Corporations, Employers, Insurance Companies, Brokers, Financial Institutions, Small Businesses, and SME Associations

Since 1997, Identity Fraud, Inc. has had its pulse on data theft and cyber exposures, while information has increasingly gained in importance for both individuals and organizations.

Identity fraud can adversely affect your employees and customers who become victims, and harm your reputation, competitiveness, and liability, if personal information is stolen or mismanaged. Because significant exposures exist, there are opportunities to integrate identity theft solutions, not only for operational risk management, but also to enhance your products to gain competitive advantage.

Identity Fraud, Inc. provides a variety of solutions for both risk management and marketing purposes that are summarized as follows:

 

Small Business "SB" Solutions (New)

• SB Core Protector - Small businesses have been faced with significant challenges in their fight against identity crimes. Now, they can take advantage of IFI's newest flagship product, SB Core Protector. From a single provider, small businesses are now able to obtain an affordable and comprehensive set of our 'top 10' solutions designed to maximize defenses and remedies against identity crimes. Tailored programs are available. See our small business site at sb.identityfraud.com.
  

Identity Protection Programs

• Employee Protection - Organizations secure cost effective identity protection to cover employees to help maintain employee productivity, to help mitigate liability if HR records are breached, and to provide timely benefits.

• Product Enhancement - Our financial institution and insurance company partners utilize identity protection programs to help attract and retain customers/members by enhancing the benefits they provide in core products. Revenue opportunities also exist when products are made available to customers on a voluntary basis.

Victim Resolution Programs

• Product Enhancement - Similar to the identity protection programs, separate and distinct programs providing only victim assistance benefits (VRS Elite™) are utilized to enhance deliverables to customers.

• Incident Response - Following a data breach, looking after potentially affected persons is prudent to mitigate liability and to support good will, trust, and loyalty. Infrastructure, architecture, and experience from IFI and its partners allow IFI to respond to the largest known data thefts, from simple victim assistance and notification to web sites, media production, and computer security related forensic investigations and consulting services.

Identity Fraud, Inc. is pleased to provide VRS Elite™ resolution services to Underwriters at Lloyd's on two new insurance programs that address identity theft, namely, the Lloyd's Identity Insurance facility and the Lloyd's Business Information Theft Insurance facility.

Computer Security Services

1. Computer Security Plan Development
2. On Site & Self Assessments
3. Vulnerability Scans
4. Policies & Procedures
5. Incident Response / Forensic Services
6. Notification Services
7. Member Remedies

Gramm-Leach-Bliley, the Patriot Act, the NCUA's Rules and Regulations, Part 748, including Appendix A and B, SOX, and numerous state laws place important requirements on organizations.

Support your risk management and compliance efforts with the above essential services.

Education and Loss Control eLearning Programs

All businesses collect, use, and disclose personal information. Therefore, all businesses can benefit from training employees, managers, and even executives on identity crimes, privacy, security, and information handling practices. IFI provides affordable, effective, and scalable education programs that are tailored to specific industry segments, no matter if you have five, 5,000 or 50,000 employees. The IFI Management Reporting Interface allows location managers and corporate executives to view education test results on aggregate and specific levels to support accountability and loss control efforts.

Being able to reduce the impact of identity crimes in daily operations, reduce fraud losses, build front-line employee defenses against fraud, increase accountability, loss control, and support privacy and security objectives is powerful, especially in today's environment.

Data Breach Incident Response

Identity Fraud, Inc. provides pre-incident response planning and management deliverables and comprehensive post-incident data breach response services with the capacity and expertise to manage the largest of data theft cases, from both a computer and forensic analysis vantage, to full notification, consumer remedies, and PR.

With millions of records being lost or stolen each year, the cost of attacks has become both real and measurable. When legal requirements requiring consumer notification are considered, appropriate incident response programs need to be developed, tested, and implemented. Proper design and execution can prevent a bad situation from turning catastrophic.

Responding properly to a data breach can reduce loss to the organization. Customer trust, loyalty and organizational liability represent ordinary exposures to loss. However, preventing loss in the first place is always the preferred choice. Identity Fraud, Inc. is pleased to work closely with your in-house and/or outsourced computer security teams and provide expert computer security consulting services that supplement existing efforts. With a full range of services, organizations have the option to combine effective loss prevention with the compliment of professional incident response.

Insurance

• Identity Insurance - Similar to the identity protection programs, separate and distinct programs providing only identity insurance are utilized to enhance deliverables to customers.

• Business Information Theft (BIT) Liability Insurance - Businesses that lose data to error or theft will experience losses. Computer Security and Privacy Liability Insurance or BIT programs have been designed to address today's liability exposures as well as unique protections benefiting individuals whose data has been breached.

• Reinsurance - Insurance organizations interested in offering identity insurance but do not want to build expertise in-house, may take advantage of reinsurance, outsourced resolution services, loss control, and loss adjusting services.

Identity Fraud, Inc. / Identity Fraud Insurance Services is a licensed program administrator and insurance intermediary operating in all 50 states and provides credible solutions in a flexible environment allowing our clients and partners to better achieve their objectives. For more information on any of our programs, please contact us at info@identityfraud.com.