WHY PROTECT MY BUSINESS FROM DATA BREACHES AND EMPLOYEE IDENTITY THEFT?
169 million records were exposed by data breaches in 2015.1 And 32.1 million people were notified of a data breach in 2015.2
On top of that, more than 1 in 5 data breach victims became victims of identity theft in 2015.2 It’s no wonder identity theft is now America’s fastest growing crime.3
The impact of data breaches and identity theft on a business cannot be overstated. New account fraud loss averaged $2,379 per incident in 2015 and existing-card fraud cost Americans $8 billion.2 In the event of a breach, employers could face employee loyalty issues as well as retention and attraction concerns. In some situations, a data breach can disrupt the normal workflow of the business causing additional concerns as they relate to the company’s profitability.
IF YOU HAVE A DATA BREACH TODAY
• Do you have a business plan?
• Do you have an employee communication strategy?
• Do you have a budget to fund a breach plan for 12, 24 or more months?
HOW CAN I PROTECT MY BUSINESS?
Offering and covering the cost for LifeLock® identity theft protection is the solution. LifeLock can provide you with a plan that will protect your business and at the same time help protect your employees if they have a non-employer related fraud attack.
No one can prevent all identity theft.
† LifeLock does not monitor all transactions at all businesses.
* Phone alerts made during normal local business hours.
1 “2015 Data Breach Category Summary.” Identity Theft Resource Center, January 2016.
2 “2016 Identity Fraud”, Javelin Strategy & Research, February 2016
3 Whitehouse.gov, (2016), ‘FACT SHEET: Cybersecurity National Action Plan’, (accessed March 29, 2016), [available at https://www.whitehouse.gov/the-press-office/2016/02/09/fact-sheet-cybersecurity-national-action-plan]
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