Intelius Fortifies IDWatch With Compromised Credit Card Monitoring Service16 August 2005
Intelius Inc., a leading provider of information services for personal safety, today announced the addition of another level of protection to IDWatch, a recently launched service that detects, prevents and insures against identity theft. IDWatch now monitors public forums, chat rooms, Web sites and other sources to detect the use, sale and trade of identity-related data. Intelius has already identified more than two million compromised credit and debit cards and is adding thousands of new cards to its database every day.
This addition to the personal protection service provides IDWatch customers with heightened identity security, and enhances Intelius' patent-pending early warning system. In addition to monitoring billions of public and publicly available records, IDWatch scours online sources for activity on compromised credit cards, debit cards, Social Security numbers, bank account numbers and other sensitive data. When private information is detected as compromised, Intelius immediately alerts IDWatch customers and enables them to restore control. In addition, Intelius protects users from any fraudulent transactions on its Web site by declining all compromised cards for the purchase of any of its services.
Intelius' IDWatch is the most comprehensive service to detect identity theft before it happens. IDWatch constantly monitors personal, professional and financial information for changes, alerting customers of potentially fraudulent activity in real time. IDWatch also includes $25,000 identity theft insurance with no deductible. Last year, there were more than nine million reported cases of identity theft, making ntelius Inc., a leading provider of information services for personal safety, today announced the addition of another level of protection to IDWatch, a recently launched service that detects, prevents and insures against identity theft. IDWatch now monitors public forums, chat rooms, Web sites and other sources to detect the use, sale and trade of identity-related data. Intelius has already identified more than two million compromised credit and debit cards and is adding thousands of new cards to its database every day.
This addition to the personal protection service provides IDWatch customers with heightened identity security, and enhances Intelius' patent-pending early warning system. In addition to monitoring billions of public and publicly available records, IDWatch scours online sources for activity on compromised credit cards, debit cards, Social Security numbers, bank account numbers and other sensitive data. When private information is detected as compromised, Intelius immediately alerts IDWatch customers and enables them to restore control. In addition, Intelius protects users from any fraudulent transactions on its Web site by declining all compromised cards for the purchase of any of its services.
Intelius' IDWatch is the most comprehensive service to detect identity theft before it happens. IDWatch constantly monitors personal, professional and financial information for changes, alerting customers of potentially fraudulent activity in real time. IDWatch also includes $25,000 identity theft insurance with no deductible. Last year, there were more than nine million reported cases of identity theft, making it the Federal Trade Commission's top consumer complaint. Identity theft has been projected by the Commission to affect nearly 20 percent of Americans by 2007.
"Recent news of the loss of millions of credit cards and other private information underscores consumers' vulnerability to identity theft," said Paul Cook, senior vice president of business development at Intelius. "Detection of compromised information is an important step toward Intelius' goal to provide multiple layers of protection to the consumer, including the prevention of identity theft before damage has been done. Through services that aggressively address emerging fraud methods, Intelius offers the most proactive solution for responsible consumers who understand the importance of protecting their good name."
IDWatch is available http://www.intelius.com. A 3-year subscription costs $4.95 per month.
About Intelius, Inc. Intelius was founded by a group of visionaries from InfoSpace and Microsoft with the mission to provide instant, innovative and affordable research services and background information for personal safety. Intelius enables consumers to make informed choices about the people they associate with through background and criminal checks. Using Intelius, consumers have located long-lost relatives and friends and researched the background of childcare providers, healthcare workers and home contractors. Business users are able to verify employment, tenancy and credit records. Intelius is one of the top 100 commerce sites on the Internet. For more about Intelius products and services, visit http://www.intelius.com.
CONTACTS: Liz Murray liz@barokas.com 206-344-3140
Ashley Wolfe ashley@barokas.com 206-344-3133
Source: PR Newswire
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