It is well known that a person who is a victim of a crime such as identity theft often report stress, as well as other emotions that might have a negative cognitive impact following the incident. This stress can affect ones ability to concentration,as well as negatively impact his/her work.
An enterprise that offers voluntary enrollment through payroll deduction will enable its employees to obtain identity theft protection via the employer benefits package, no matter when a breach occur the employee will have that much needed safety net of know that he/she is protected and insured 24/7. By providing an employee with the option to have identity theft monitoring, an employer can decrease the employees stress resulting from the identity theft. By knowing that he or she is protected with the insurance to help pay for expenses and services to help restore his/her identity and credit, the employee will/should have a peace of mind knowing that his/her identity will be restored, thus will most likely be able to concentrate on work and be more productive.
A great way to improve business security is by providing employee identity monitoring and data protection to monitor credit and non-credit sources of information tied to an individual so that potential threats can be detected against the employee identity and/or credit. In the event of a successful breach of identity or credit information, FiVe-O-Protect™ and its affiliated partners offers insurance and other forms of assistance in restoring the victim’s identity and credit.
So why should a company proactively promote identity protection for its employees, the answer is very easy, property stolen from an employee may include protected enterprise-related information, that in the wrong hand can cause irreparable harm. An enterprise proactive approach to security takes the individual employee personal and family life into account. Employees that are proactively enrolled in identity monitoring are able to close the door on threats that would otherwise make them victims. Companies that offer employees identity theft, proactively protect their business.
Identity Monitoring- Provides continuous monitoring of the employee Personally Identifiable Information (PII). At FiVe-O-Protect™ we go beyond the credit monitoring we monitor where it matters the most, the world, wide, web (WWW), information not tracked by credit bureaus. Through the use of leading proprietary cyber security technology that proactively detects stolen PII, (name , address, or social security numbers bank account information, credit card numbers, debit card numbers, email addresses, passwords, telephone numbers, medical identification numbers and more.)
Insurance- protects against out-of-pocket expenses associated with restoring credit.The Identity Theft Insurance, with zero deductible, reimburses for expenses related to identity theft restoration, including replacement of documents, traveling expenses, loss of income, child/elderly care, legal costs, up to $1,000,000.*
Restoration-A dedicated team of certified Identity Theft Restoration Specialists in The Fair Credit Reporting Act (FCRA) Fair and Accurate Credit Transactions Act (FACTA) and Certified Identity Theft Risk Management Specialist (CITRMS®) certified to perform the resolution of the member’s identity on their behalf will help with the restoration the identity theft.
Lost Wallet- service helps members quickly cancel and replace all items commonly carried in wallets and purses, including credit cards, debit cards, check books, driver’s license, Social Security cards, insurance cards, passports, military identification cards and and we contact the authorities.
Advance Identity Monitoring, & Alerts, 24/7 Last Wallet Assistance, Full Service Identity Protection, $1 Million Dollar Identity Theft Insurance*
* The $1 million insurance policy is underwritten by an AM Best A-rated carrier. Coverage is subject to the conditions and exclusions in the policy.