Your Employees May Be Under Attack From Cybercriminals
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1 LifeLock ebook: Your Employees May Be Under Attack From Cybercriminals Keep Employees Productive at Work with Identity Theft Protection 0010 IDENTITY CREDIT CARD SOCIAL SECURITY NUMBERS LOCATION ACCOUNTS SAVINGS CHECKING ADDRESS ACCESS PASSWORDS 0010 IDENTITY CREDIT CARD SOCIAL SECURITY NUMBERS LOCATION ACCOUNTS SAVINGS CHECKING ADDRESS ACCESS IDENTITY CREDIT CARD SOCIAL SECURITY NUMBERS LOCATION ACCOUNTS SAVINGS CHECKING ADDRESS ACCESS IDENTITY CREDIT CARD SOCIAL SECURITY NUMBERS LOCATION ACCOUNTS SAVINGS CHECKING ADDRESS ACCESS IDENTITY CREDIT CARD SOCIAL SECURITY
2 Cyber Attacks are Real Every card swipe, social media post and online transaction can put employees at risk. In fact, 12.7 million consumers fell victim to identity fraud in While most employers provide employees with protection for healthcare, accident and illness, many employees are missing protection for identity theft. Cybercriminals are after personal and professional information. There were 783 data breaches in the U.S. in 2014, a 27.5% increase over Home goods retailer breach: 40 million credit and debit card numbers stolen. 3 Home improvement retailer breach: 56 million credit and debit card numbers stolen. 4 Office supply retailer breach: 1.16 million credit and debit card numbers stolen. 5 Entertainment company breach: 47,000 Social Security numbers exposed, including 15,000 current and former employees. 6 Help Protect Your Employees Employees are your company s most valuable asset. Whether they re on the front lines of production, in the back office or working in the field, they re part of a team that drives your business. It s important to help keep their personal information protected or it may impact their productivity at work. For example, it s estimated that those who have resolved the crime spent, on average, more than 200 hours. 7 Combined with lost finances and legal headaches, employee productivity can plummet as a result of identity theft. The Solution Identity Theft Protection Employers can now add value to their benefit package and help keep employees protected while on the job. This means less downtime and more productivity in the workplace. You can now protect their personal information at no cost to your business. 783 Data Breaches in the U.S. in % Increase in Data Breaches
3 The Best Solution for this Growing Threat Here s the good news: now employers can cost-effectively help protect employee identities by providing identity theft protection. Your organization is already taking steps to help protect employee data. Give them access to the voluntary benefit that helps safeguard their personal information outside of work. Providing identity theft protection as part of a voluntary benefit package offers your business and employees several advantages. For example, identity theft protection can strengthen relationships with employees, demonstrate your concern for their overall well-being and encourage employee retention with no additional costs. Identity theft protection is not only a natural addition to voluntary benefits, it also meets a real concern. It takes a victim of ID theft months or even years to clear up tax-related problems. 8 It is estimated that it takes more than 200 hours, on average, to resolve an identity theft issue. 7 Every 2 seconds someone is a new victim of identity fraud. 9 Employee Affinity Organizations Benefits
4 Go With a Leader 5 Points of Protection Beware! Not all protection is created equal. You want to ensure the best identity theft protection for your employees at an affordable cost to them. 1. Monitors personal identifying information As soon as employees enroll, they have protection against identity theft threats. 2. Scans for threats with advanced technology We constantly scan over one trillion data points to help protect employees from identity fraud. 3. Responds to identity theft Our identity theft protection services alert your employees by text, phone, or mobile app * through the patented LifeLock Identity Alert system. 4. Offers $1 million guarantee Your employees will be immediately backed by our guarantee with access to U.S.-based Identity Protection Agents 24/7/ Tracks employee credit scores We provide your employees with credit score tracking to identify changes and show how credit is trending over time. ** The benefits under the Service Guarantee are provided under a Master Insurance Policy underwritten by State National Insurance Company. Under the Service Guarantee LifeLock will spend up to $1 million to hire experts to help your recovery. As this is only a summary please see the actual policy for applicable terms and restrictions at LifeLock.com/legal. * Fastest alerts require member s current address. Phone alerts made during normal business hours. Employees want identity theft protection! 39% said they d be likely to purchase identity theft protection through a payroll deduction. 10 No one can prevent all identity theft. Network does not cover all transactions. ** Online credit scores require LifeLock Advantage or LifeLock Ultimate Plus membership.
5 7 Good Reasons to Offer LifeLock Protection Expand the value of your employee benefits package at no cost to you and help them manage risk with the best possible solution. 1. Employees want it. 2. No hard costs to employers. 3. No participation minimums. 4. Low maintenance administration. 5. Convenience of payroll deduction. 6. Three levels of protection to choose from. 7. Dedicated implementation and marketing support. The annual cost of identity fraud was $16 billion in
6 Improve Employee Retention Position your company as a forward-thinker and offer the best identity theft protection: Retain, re-engage and deepen employee retention. Help keep your employees protected and productive. Deliver a universally relevant, voluntary benefit that employees need. Differentiate your company from competitors at no cost to your business. LifeLock Is An Industry Leader We provide the best identity theft protection and award-winning Member Services to approximately 3.9 million members. * The best identity theft protection. Award-winning product. Patented technology. Approximately 3.9 Million LifeLock Members Get Started Today! Employers Provide additional employee value CLICK HERE LifeLock has an 87.8% customer retention rate. * * As of March 31st, 2015
7 LifeLock ebook: Endnotes 1 Javelin Strategy & Research, 2015 Identity Fraud, March Louis Basenese, The Biggest Threat to the Internet of Things. Wall Street Daily. August 28, Identity Theft Resource Center, Identity Theft Resource Center Breach Report Hits Record High in 2014, January 12, Hardekopf, Bill, The Big Data Breaches of Forbes, January 13, Ibid. 6 Ibid. 7 Ibid. 8 Kelly & Mullis, Identity Theft Related To Tax Returns. March 2, Association Trends, National Trend. January 29, Javelin Strategy & Research, 2014 Identity Fraud, February 5, Identity Theft Resource Center, 2015 Data Breach Category Summary, May 26, Javelin Strategy & Research, 2015 Data Protection and Breach, LifeLock, Inc. All Rights Reserved. LifeLock.com
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