It is important to note that no company particular identity protection provider will protect your information from theft especially while online. Most of the companies offer recovery and monitoring services because of the privacy and confidentiality of the information. You would not give out your personal data to the service provider, would you?
The monitoring services keep watch of any threats and warning signs that a thief can use your personal information for personal gain. Recovery services on the other hand assist you in dealing with the effects connected to identity theft. LifeLock offers both monitoring and recovery services collectively and we require access to credit reports and scores to aid us in the monitoring process.
Monitoring
Monitoring comes in two forms, identity and credit. Credit monitoring specializes on credit reports from specific credit reporting firms. Once you spot or suspect a malicious activity that could result to identity theft, you need to have it resolved before it affects your further.
Each time your service provider checks your history, credit monitoring will alert you. It is secure because it also notifies you about an account opening carrying your name among many other alerts. Credit monitoring is only specific to the activities that feature on your credit report.
Identity monitoring
This service alerts you whenever some activities take place such as bank account details, driver’s license and medical card, yet they do not appear in your credit report. It is also effective because it not only notifies the customer about a potential identity theft, but also notifies the company for immediate response. This way, your personal data is protected from malicious persons.
Recovery of your identity
A look at the LifeLock reviews explains more about our services and how they impress our customers. They assist you regain control over your name and finances once identity theft occurs to you. We ensure that our team of case managers makes you aware of how to address your theft issues. They train you on writing creditor and debtor letters, preventing identity theft in the future and understanding your credit documents.
Theft insurance
Another role that the theft protectors do is give insurance. Our company, just like many others, offers this service. We do so to cover you from expenses that you might incur in claiming back your identity.
At the least, our company monitors your accounts, reviews your credit card statements, evaluates explanation of benefits and advices you on the most appropriate service for your identity theft need.