TEMPE, AZ - (December 17, 2007) - LifeLock CEO Todd Davis announced today an innovative addition to the company's industry leading identity theft prevention service - "WalletLock." A complete assistance program, WalletLock will be offered to all LifeLock clients at no additional cost and will provide clients access to Identity Theft Recovery Specialists and the most comprehensive assistance program should they lose a wallet anywhere in the world.
"If you have ever had your wallet stolen or lost, you understand the panic and anger you feel, not to mention, how much time it takes to cancel and replace the important items. It's frustrating and completely unnecessary," said Davis. "By adding "WalletLock" to our service we have found another way to help lift the burden that surrounds identity theft. If a wallet is lost or stolen, "WalletLock" will provide the complete recovery services necessary to allow our client to go on with their lives and not spend hours on the phone."
With "WalletLock," a LifeLock client will be able to make just one call to a LifeLock specialist to start the process to have all lost or stolen credit cards, driver's license, and other important items cancelled and replaced. If clients' wallets are lost or stolen, they call into 1-877-LifeLock and LifeLock will assist them with replacing all the document items in their wallet with the exception of the cash, monies or pictures in the wallet. Replacement documents include:
According to a recent Javelin Strategy & Research survey, 38% of all identity crimes stemmed from a lost or stolen wallet, checkbook or credit card within the $49.3 billion identity fraud problem in the US. Identity theft remains the fastest growing white-collar crime in America, according to the Federal Trade Commission (FTC).
LifeLock acts proactively to help reduce the risk of identity theft problems by setting and automatically renewing fraud alerts with the major credit bureaus and removing member names from pre-approved credit card offers and junk mail lists. LifeLock is the industry’s leading identity theft solution and the first to protect its customers' identity with a $1 million service guarantee. Regardless of the source of the identity theft, LifeLock provides peace of mind with its complete service guarantee.
LifeLock (www.lifelock.com) helps consumers to render their personal information useless to thieves, backing up its service with a one million-dollar service guarantee. Famous for its CEO giving out his Social Security Number in advertising and national press, the company is experiencing astounding growth. Located in a secure facility in Tempe, Arizona, LifeLock is a private company backed by Kleiner Perkins Caufield and Byers as well as Bessemer Venture Partners. Winner of the 2007 American Business Award for the Best Radio Advertising Campaign, LifeLock was a finalist for 10 other ABA awards, including Best New Company and Best New Product/Service. Recently the company was named recipient of the Red Herring 100 Global Award as one of the Top 100 start-up's in the world.
with the most advanced Identity Theft Protection system available!