Identity protection is a vital employee benefit

Transcription

1 Identity protection is a vital employee benefit

2 IDENTITY PROTECTION Employees want it, employers need it Roughly 45 percent of all Americans were affected by just one 2017 breach. 1 People are seeking protection and employers want to provide it, through employer-paid or voluntary PrivacyArmor benefits. PrivacyArmor alerts members at the first sign of fraud and fully restores any affected identity. Plus, members never have to worry about covering the costs of fraud with our $1 million identity theft insurance policy. AS A RESULT OF ONE 2017 DATA BREACH 145 MILLION Americans had their personal data stolen 1 That s nearly 80 % of all working adults 1: New York Times, 2.5 Million More People Potentially Exposed in Equifax Breach, October 2017 : Identity theft insurance underwritten by insurance company subsidiaries or affiliates of AIG. The description herein is a summary and intended for informational purposes only and does not include all terms, conditions and exclusions of the policies described. Please refer to the actual policies for terms, conditions, and exclusions of coverage. Coverage may not be available in all jurisdictions.

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4 I worked with InfoArmor on implementation and was impressed with the organization and response of the team. They made implementation easy. Charlie, HR manager

5 Why choose InfoArmor as your identity protection benefit provider? We are solely focused on serving businesses For more than a decade, InfoArmor has provided top-tier identity protection to businesses of all sizes. Our clients represent all industries, from health, services, and education to leisure, hospitality, and manufacturing. We protect all types of businesses and industries, without exception. Top product, continuous innovation Our monitoring capabilities exceed those of any other provider. We scour the dark web for compromised credentials, monitor financial transactions, and alert participants to signs of fraud that other providers don t detect. Our commitment to improvement means our detection capabilities always expand. Seamless integration Our experience gained from more than 120 platform integrations and a decade of refining implementation makes onboarding simple for all our new clients. Each new client has a dedicated implementation expert who remains with them through the entire process. It s why so many of our clients say InfoArmor is the easiest benefit provider they work with. MORE THAN A DECADE OF EMPLOYEE PROTECTION SERVICES More than 10 of dedicated service YEARS More than 1,400 successful implementations client 99 % retention rate

6 Why employees want identity protection WHAT HAPPENS WHEN AN EMPLOYEE EXPERIENCES IDENTITY THEFT? Did you know that Americans now rank criminal hacking as the number one threat to their health, safety, and prosperity? 1 When employees are worried about their privacy, identity, and finances, it becomes difficult to perform in the workplace. But when an employee is eligible for comprehensive identity protection, they experience much-needed peace of mind. Americans rank criminal hacking as the number one threat to their health, safety, and prosperity % take time off from work to resolve their fraud case 2 are denied personal lines of credit 2 sell personal possessions to pay for expenses 2 34 % 15% 48 % report stress-related sleep disturbances 2 1: Americans Rank Criminal Hacking as Their Number One Threat, September : Identity Theft Resource Center, Identity Theft: The Aftermath 2017

7 Ultimately, employees want peace of mind

8 Why employers must offer identity protection There were 16.7 million victims of identity theft in 2017,1 and the chances that your employees may become victims are greater than ever. A stolen employee identity translates to lost productivity and missed work, which is a huge financial loss for your company. However, providing your employees with identity protection can both protect your employees and insulate your company from many associated risks. According to BenefitsPro, identity protection is the number one voluntary benefit for READY TO OFFER IDENTITY PROTECTION? Call your benefits broker or sales director today to schedule a demo 1: Wall Street Journal, Identity Fraud Hits Record Number of People, February : Voluntary Benefits: 12 trends heading into 2018, August 2017 of PrivacyArmor. Or, call InfoArmor at

9 1 Stop identity theft at its source: the workplace 3 Safeguard employee productivity and well-being Employers are sitting ducks for cybercriminals, who frequently target troves of employee, customer, or patient personal data. Statistics show that 30 to 50 percent of all identity theft originates in the workplace, 1 and is often perpetrated by fellow employees or even managers and executives. On average, it takes 100 to 200 hours to remedy identity theft 2 over the course of up to six months, and most of that work must be done during business hours. For some victims, it can take years to resolve a problem, and that s lost employee time that directly impacts the employer s bottom line. 2 Bolster workplace cybersecurity 4 When employees are more secure, a company is more secure. Our proactive measures maintain security and help mitigate a company s risk if employee data is breached. We leverage human operatives to detect corporate and employee threats, intelligence that in turn provides actionable alerts through our PrivacyArmor service. Gain a competitive edge in talent acquisition and retention Nearly 80 percent of employees would prefer better benefits to a raise. 3 Plus, millennials already make up the largest share of the workforce, 4 and data shows they want to work for companies that value their well-being. 5 Identity protection provides peace of mind and shows that a company values its employees. WHY IS IDENTITY PROTECTION AN ESSENTIAL BENEFIT? # 1 THREAT Americans rank criminal hacking as the number one threat to their health, safety, and prosperity $ 1.4 MILLION Americans were victims of identity fraud in BILLION Collective consumer cost when nearly one in five Americans froze their credit scores after the Equifax breach 8 1: Society for Human Resource Management, Identity Theft at Work: How to Protect Yourself and Employees, : The Economist, How to Protect Yourself Against the Theft of Your Identity, September : Glassdoor Employment Confidence Survey, Q : Pew Research Center, Millennials Surpass Gen Xers as Largest Generation in U.S. Workforce, May : Gallup, Millennials Want Jobs That Promote Their Well-Being, November : Americans Rank Criminal Hacking as Their Number One Threat, September : Wall Street Journal, Identity Fraud Hits Record Number of People, February : Fundera, Nearly 1 in 5 Americans Froze Credit After Equifax Breach, March 2018

10 We offer the most extensive identity protection plan available As the digital landscape changes, a corporate protection plan is more critical than ever. Providing PrivacyArmor shows that a company cares about its employees, reputation, and assets. With our operativesourced intelligence, dark web monitoring, and financial transaction monitoring, we find what others can t. Should fraud or identity theft occur, our in-house Privacy Advocates are always there to fully restore any participant s compromised identity.

11 PrivacyArmor core features and benefits Comprehensive identity monitoring Our proprietary monitoring platform detects high-risk activity to alert participants at the first sign of fraud. We scour the dark web for compromised credentials and monitor financial transactions, all while keeping tabs on credit reports. Plus, our plan covers every participant in the household, no age restrictions. Auto-on monitoring and alerts Once we receive an employee s Social Security number, we immediately begin monitoring and alerting, even if they ve never logged in. Dark web monitoring Our human operatives have access to the closed forums where hackers operate, providing knowledge that informs our PrivacyArmor monitoring so we can best protect our participants and clients. Social media monitoring PrivacyArmor keeps tabs on social accounts for everyone in the family, watching for vulgarity, threats, explicit content, violence, and cyberbullying. Financial transaction monitoring PrivacyArmor helps participants take greater control of their finances with alerts triggered from sources such as checking, savings, 401(k)s, IRAs, and other investment accounts. In-house fraud remediation and restoration Should identity theft or fraud occur, participants have a dedicated Privacy Advocate to fully manage recovery and restore their identity. Have employees who experienced fraud that happened prior to enrolling? We ll still fix it at no charge. And since fraud doesn t take a holiday, our Privacy Advocates are available 24/7. Identity theft reimbursement Our participants never have to worry about covering the costs of identity theft. PrivacyArmor s $1 million identity theft insurance policy covers any out-of-pocket expenses, lost wages, or legal fees. World-class security Security is our top priority and a part of everything we do. Our systems are SSAE-16 SOC2 Type II accredited and updated every year. We have a perfect track record with zero security incidents and percent site uptime. Identity theft insurance underwritten by insurance company subsidiaries or affiliates of AIG. The description herein is a summary and intended for informational purposes only and does not include all terms, conditions and exclusions of the policies described. Please refer to the actual policies for terms, conditions, and exclusions of coverage. Coverage may not be available in all jurisdictions.

12 InfoArmor felt like it was family. I couldn t believe how flawless it was. Paul, government employee

13 What sets us apart is our commitment to excellent service Friction-free implementation Our implementation directors have successfully onboarded more than 1,400 clients using 120 different benefit admin systems. Continual contact A dedicated account manager makes it easy to ask questions and get them answered. Seamless support Our in-house staff of highly trained Privacy Advocates do everything possible to resolve any identity theft issues. OUR SUCCESS RATES SPEAK FOR THEMSELVES: 97 % implementation satisfaction rate 99 % client retention rate READY TO OFFER IDENTITY PROTECTION? Call your benefits broker or sales director today to schedule a demo of PrivacyArmor. Or, call InfoArmor at

14 Protect your company and your employees Identity protection is the ideal benefit for an organization that is serious about protecting its employees, its business, and gaining a competitive recruiting edge. SCHEDULE A PERSONAL DEMO TODAY Call your benefits broker or sales director today to schedule a demo of PrivacyArmor. Or, call InfoArmor at

15 IDENTITY PROTECTION The next core benefit

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