Software Reviews

LifeLock Performance Review: Identity Fraud in a Virtual World

This is a Sponsored post written by me on behalf of LifeLock Linkedin for SocialSpark. All opinions are 100% mine.

It’s hard to imagine the possibility of having your identity stolen. Aside from the hassle of getting your identity back into security imagine the potential breach of so much personal and sensitive information! The world has gone online from connecting with friends to banking so much of “you” is online; you have to be certain you’re secure. Identity theft is a serious crime. It occurs when your personal information is stolen and used without your knowledge to commit fraud or other crimes. Identity theft involves stealing, misrepresenting, or hijacking the identity of another person or business and provides an effective means to commit other crimes.

It is important for you to see some statistics below about identity fraud:

  • Households earning $100k + per year have the highest identity fraud rate at 7.4%
  • The average cost per person of having identities stolen is $1,513
  • 11.6 million adults were victims of identity fraud in 2011 and a total of $18 billion was lost.

Alarming stats for social media/ smartphone users that have experience identity fraud:

  • 6.6% of victims are smartphone owners
  • 6.8% of victims are social media users who click on the applications
  • 8.2% of victims are social media users who have “checked in” using their smartphone GPS
  • 10.1% of victims are LinkedIn users

Do you know how fast a professional hacker can breach your password security?

  • If you have 6 characters in your password with no symbol, it only takes a professional 0.000224 seconds
  • If you have 10 characters and one symbol in your password, it takes up to 20 days for a professional to break in.
  • What would this mean to your online banking, personal information, and overall privacy?

Are you alarmed by the stats listed? As I said earlier, Identity Theft is a serious problem and you need to protect all your stuff against identity theft.

Introducing LifeLock, today’s leader in the world of identity theft protection and information. LifeLock provides its customers with the top of the line identity theft protection through a suite of services backed by state-of-the-art technology. In addition, LifeLock provides information on all aspects of identity theft and threats. LifeLock is a proactive identity theft protection agency, specializing in protecting your sensitive information from identity theft rather than the reporting of it. LifeLock was founded in 2005 and is already considered the industry leader in identity theft protection.

If you have any problems related to your online personal information and you want to protect it, LifeLock is dedicated to relentlessly protecting your personal information, 24 hours a day, seven days a week, 365 days a year. They provide proactive identity theft protection using innovative technologies that power not only LifeLock but also the world’s most sophisticated surveillance solutions – similar to the technology employed by government intelligence agencies and blue-chip corporations.

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LifeLock management team and staff did solid research for more than three years, which they used to develop their system. LifeLock also built relationships with organizations, including the Better Business Bureau and TRUSTe. Their goal was to lock down every individual’s private information so no one except that individual can approve its use.

Based in Tempe, Arizona LifeLock is led by experienced and successful entrepreneurs and industry experts,   backed by Bessemer Venture Partners, Kleiner Perkins Caufield & Byers, and Goldman Sachs – the leading venture capital firms in the world. Not only that, but they also offer a $1 million guarantee in the unfortunate event your identity is misused while are a LifeLock member, mean that is worth $10 a month to know your identity is safe with LifeLock.

More than just a credit monitoring service, LifeLock dives deep to discover the schemes today’s thieves are using to steal personal information, from old-school collection techniques to more advanced technologies. And then continuously mine this information for threats, alert you when they determine risk, and work to help educate law enforcement to combat this growing trend. They also offer LifeLock Command Center™ service, an additional Identity Theft Protection plan.

LifeLock has been mentioned in more than 250 news stories, including The Wall Street Journal, Money Magazine, MSNBC, CNN, CNBC, Wired, CBS Early Show, and ABC News Now, just to name a few.

If you interested in becoming a member or an affiliate or any other information regarding LifeLock company, please meet LifeLock on Linkedin or visit their Website to know more about How hack-friendly is your password?. Do you have any experiences using LifeLock to protect your identity information that will benefit us? Share it below by commenting on this post. Thank You!

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