January 2023

What is Fully Managed Recovery for identity fraud, and how does it improve the employee's experience?

January 25, 2023

What’s Fully Managed Recovery for Identity Fraud

What is Fully Managed Recovery for identity fraud, and how does it improve the employee’s experience? Fully managed identity theft recovery is a service offered by some companies that helps individuals who have been the victims of identity theft. The service typically includes assistance with canceling and reissuing credit cards, restoring credit reports, and contacting the appropriate authorities to report the identity theft. The service is considered “fully managed” because the company manages the entire process for the individual, from start to finish, and the individual does not have to take on the task of recovering their identity on their own. Fully managed identity theft recovery can improve the victim’s experience by taking on the burden of dealing with the aftermath of the theft. The process of recovering from identity theft can be time-consuming and overwhelming, especially if the victim is not familiar with the necessary steps. By using a […]

January 20, 2023

Life Insurance Fraud?

Brian Thompson healthcare, Identity Theft

Life insurance fraud is a criminal act in which an individual or group of individuals intentionally deceives an insurance company in order to receive a financial benefit or payout from a life insurance policy. This can occur in a variety of ways, from exaggerating or fabricating claims on a policy to providing false information in order to obtain coverage. Examples of life insurance fraud include: Policyholder fraud: This occurs when the policyholder provides false information on a life insurance application in order to obtain coverage, such as exaggerating their health status or providing a false occupation. Beneficiary fraud: This occurs when a beneficiary of a life insurance policy makes false claims in order to receive a payout, such as fabricating the cause of death or providing false documentation. Agent fraud: This occurs when an insurance agent engages in fraudulent activity, such as selling policies to individuals who do not qualify […]

January 19, 2023

Accountants offering Identity Theft Protection?

Brian Thompson General, Identity Theft

Identity theft is a growing concern for individuals and businesses alike, and as it pertains to accountants, it is important to consider offering identity theft protection services to clients. Not only can this service provide peace of mind for clients, but it can also help protect the accounting firm’s business from potential liability. Is your Accountant offering identity theft protection? One of the main reasons why an accountant should consider offering identity theft protection services is the transfer and handling of sensitive documents and information. Accountants have access to a wide range of personal and financial client information. Information including Social Security numbers, bank account information, and tax returns. If this information were to fall into the wrong hands, it could be used for identity theft and other fraudulent activities. Identity theft protection services can help protect clients from this risk by providing monitoring and alerts for suspicious activity, as […]

January 11, 2023

5 Reasons Employers Offer Identity Protection

Brian Thompson General, Identity Theft

[et_pb_section fb_built=”1″ admin_label=”section” _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row admin_label=”row” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Text” _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”] Identity theft is a growing concern for both individuals and businesses. Employers are starting to recognize the importance of offering identity theft protection as a benefit to their employees. As a company, it’s imperative to offer a comprehensive employee benefits package that not only attracts new talent but also helps retain the current workforce. Offering identity theft protection as a benefit is a proactive approach to protecting your employees, their financial well-being, and the company’s reputation, productivity, and compliance. In this article, we will look at the 5 reasons employers offer identity theft protection as a benefit to their employees. Below you will find 5 reasons employers offer id protection to their employees: Employee retention: Offering identity theft protection is a valuable benefit to employees, helping with employee […]

January 4, 2023

Early Tax Filing Helps Prevent Tax-Related Identity Theft

Brian Thompson General, Identity Theft

Did you know that individual tax refunds are a popular target for cybercriminals seeking to profit from stolen identities? And that early tax filing helps prevent tax-related identity theft. According to the IRS, tax returns with confirmed cases of identity theft continue to increase year over year. Taking the necessary precautions to protect yourself from tax-related identity theft is important, and filing your taxes early is one of the best ways to help safeguard your identity Discover why the IRS advises taxpayers to file as soon as possible, as well as the most common warning signs of tax-related identity theft. Tax-Related Identity Theft: What Is It? Tax-related identity theft occurs when a criminal claims a tax refund using a stolen Social Security number in the victim’s name. The victim may spend months correcting false deductions, incorrectly reported income, and other issues with their tax return. According to the IRS, […]