1. Combating Identity Fraud In A Virtual World
©2016 LifeLock, Inc. 1

2. Portion of U.S. adults who own a smartphone1
MORE CONNECTED AND MOBILE THAN EVER
Mobile devices are rapidly overtaking PCs, and companies are embracing “BYOD.”
Portion of U.S. adults who own a smartphone1
1 Pew Research, Technology Device Ownership 2015, Oct 2015
© 2016 LifeLock, Inc. 2

3. GOOD NEWS FOR BUSINESS
Mobile devices enable knowledge workers to take care of business from virtually anywhere, at any time.
© 2016 LifeLock, Inc. 3

4. WHAT’S THE CATCH?
Mobile, social media-savvy employees and customers may be more likely to become identity fraud victims.
© 2016 LifeLock, Inc. 4

5. 2 Seconds 13.1 Million #2 Complaint 5.4% HOW BIG IS THE PROBLEM?
Identity Fraud Rates
13.1 Million
5.4%
Every
2 Seconds
#2 Complaint
Number of U.S. victims of identity theft in
Portion of U.S. adults who have been victims of identity theft in one recent 12-month period.1
Frequency with which someone in the U.S. is a victims of identity theft.1
Identity theft was the second most common consumer complaint in
Identity Fraud, Javelin Strategy & Research, February 2016
2 Federal Trade Commission, Consumer Sentinel Network Data Book for January –December 2015
© 2016 LifeLock, Inc. 5

6. WHAT PUTS USERS AT RISK?
Online lifestyles open opportunities to thieves
Oversharing personal information on social media:
• addresses
• Birthdays
• Phone numbers
• Screen names
• GPS locations, etc.
One wrong click in an or a social media stream can open up a Pandora’s box of troubles
© 2016 LifeLock, Inc. 6

7. SECURITY BREACH CAN OCCUR DESPITE YOUR BEST EFFORTS
Over 160 million records were exposed from data breaches in 20151
Sophisticated criminals have learned how to exploit vulnerabilities in the banking system
Successful takeover of a credit card account can easily provide valid EMV-capable cards to fraudsters2
SSN breach victims are 17 times more likely to become victims of new account fraud2
1 “Data Breach Reports.” Identity Theft Resource Center, December 2015.
Identity Fraud Study, Javelin Strategy & Research, February 2016.
© 2016 LifeLock, Inc. 7

8. 13.1 Million 15 WHAT ARE THE COSTS? Billion $2379
Number of U.S. victims of identity fraud in
Cost of identity fraud to Americans.1
New account fraud loss averages $2,379 per incident in
Identity Fraud, Javelin Strategy & Research, February 2016
© 2016 LifeLock, Inc. 8

9. WHAT CAN CONSUMERS DO?
Be cautious about revealing personal information on social media sites.
Take advantage of privacy settings.
Shop on secure sites with URLs preceded by “https.”
Don’t share personal information while using public Wi-Fi.
© 2016 LifeLock, Inc. 9

10. WHAT CAN EMPLOYERS DO?
Offer identity fraud protection as an employee benefit.
Educate employees about security best practices.
Offer support for user-supplied mobile devices.
© 2016 LifeLock, Inc. 10

11. PROTECTION AS A SERVICE
Identity theft protection services are a valuable benefit for all types of businesses.
Proactive alerts: Notifies clients when personal information is being used to apply for utilities, credit cards, loans and more.
Remediation, restoration and reimbursement: Helps victims recover if identity fraud occurs.
© 2016 LifeLock, Inc. 11

12. WHAT TO LOOK FOR IN AN IDENTITY THEFT PROTECTION SERVICE
Does the service cover identity theft and/or identity fraud?
Is there an online portal or other simple way to track activity?
If identity theft or fraud occurs, does the company offer remediation or do they just notify me—and then I have to take care of the issue?
How easy is it for my employees or customers to enroll?
© 2016 LifeLock, Inc. 12

13. A VIRTUAL NECESSITY FOR YOUR BUSINESS
By offering identity theft protection services you can:
Build stronger relationships with employees.
Ensure secure productivity for your workforce.
Change outcomes for employees who have an ID theft incident.
© 2016 LifeLock, Inc. 13

14. VISIT LIFELOCK.COM/BUSINESS OR CALL 1.877.511.7906 TO LEARN MORE TODAY
© 2016 LifeLock, Inc. 14