In today’s world, almost every aspect of our life is heavily dependent on technology. In fact, technology is now so deeply woven into DNA of our daily lives that even who we are or our own identity is now encrypted in the digital world. This is why it’s no small wonder that identity theft isn’t only a reality but a fast growing threat even to the common man, especially in the

The concept of identity theft can be simply put as a situation where the thief is able to acquire access to your personal information such as birth date, social security number, bank account number, driver’s license number, address etc. Once a thief has this information in hand, they can use it in innumerable ways to harm you and more often than not leave your credit history in tatters.

At such a juncture, anyone with a basic sense of self preservation needs a way to protect themselves from identity theft. One company that provides identity theft protection is LifeLock.

Founded in 2005 and based in Tempe, Arizona Lifelock is one of the biggest identity theft companies in the world that serves the needs of both individuals as well as businesses. Currently valued in excess of $40 million, the company is funded by venture funds and private equity investments. The level of success achieved by this young company is testament to their services and it goes without saying that these guys know what they are doing, otherwise they would have closed shop a long time ago.

So how good is the Lifelock identity theft protection program? Before the above question can be answered, it’s important to understand the different forms of identity theft and the types of protection that are available. Basically, ID theft protection services may be broken up into several separate categories such as credit monitoring services, restoration services and identity theft insurance. In most cases, credit monitoring services create a false sense of security, because the client is often compromised way before the monitoring service detects a problem.The same can be said of insurance and restoration services as these programs are designed to help customers after they become victims of identity theft and do nothing to prevent the crime from happening in the first place. Be safe!

Click here for more information on LifeLock

This entry was posted on Tuesday, July 24th, 2007 at 3:22 pm and is filed under Identity Theft, LifeLock. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.