Missing Hard Drive Could Have Affected 4,400 Former High School Students

Chandler, AZ (October  25, 2006) – LifeLock CEO Todd Davis announced this afternoon that the nation’s leader in identity theft prevention has been selected by the Troy School District in Michigan to protect 4,400 former Athens High School students from the problems that could arise from a missing hard drive.

The district recently notified the 4,400 former Athens High School students that a hard drive has been discovered missing from a computer in its guidance office. The hard drive contained transcripts of students from the graduating classes of 1994 through 2004.

“The district feels that offering this service is the right thing to do for our former students,” said Superintendent Dr. Barbara Fowler.

The LifeLock service being offered is free to the former students for 14 months, however they may continue the service for just $20 a year (normally $110) after the initial offer ends. LifeLock, the nation’s first identity theft prevention service, specializes in preventing anyone from using personal information other than the rightful owner. The services that will be offered to the former Athens High School students include:

• Placement of fraud alerts with the three major credit bureaus plus ChexSystems. Fraud Alerts  require financial institutions to seek verbal verification before any new accounts can be opened or addresses changed;
• The halting of pre-approved credit offers;
• A reduction of junk mail;
• $1 million dollar guarantee -  backed by Lloyds - to do whatever it takes, for as long as it takes to fix any problems if victimized as a client;
• Periodic updates on customer’s accounts;
• An annual credit report from each of the three major credit bureaus.

 “Our research and conversations with law enforcement officials have indicated that offering a one-year protection package is the standard for companies facing similar issues,” Dr. Fowler stated.  “The package we are making available to our students is more extensive than what other organizations have offered, and allows for our former students to extend this coverage at an extremely modest rate.”

"Thanks to the Troy School District, the former students of Athens High School affected by this data loss no longer need to worry about possible problems," said LifeLock CEO Todd Davis. "While other organizations have decided to offer services that could still result in ID theft problems, the school district has guaranteed that anyone using this offer will never feel the affects of this crime."

LifeLock (www.LifeLock.com) is the nation’s first and only ID Theft Prevention Company that maintains active fraud alerts with the three major credit bureaus as well as ChexSystems. The LifeLock system makes personal information useless to everyone but the rightful owner. Every time someone attempts to open credit, change an address or make changes to bank accounts, LifeLock is there to ensure the right person is making the request.

Also unique to other products on the market, LifeLock removes a member’s name from solicitation lists and junk mail, eliminating a primary target of ID thieves – the pre-approved credit offer. Best of all, the LifeLock system is backed by a $1 million guarantee to completely fix any problems if a client was ever compromised.