According to an independent study conducted by the Gartner Group, “Identity scoring and monitoring is more effective than credit report monitoring to watch for potentially fraudulent activity.  That’s to be expected.” 

In either a pre-breach or post-breach environment, individuals need a secure, accurate, consumer friendly solution that doesn’t increase the risk to their identity.  Privacy Solutions’ Early Alert™ identity monitoring service has several advantages over credit monitoring. 

Privacy Solutions is Secure

We Don’t Require a Social Security Number or Sell Customer’s Personal Information 

• Credit bureaus profit by reselling the sensitive personal information (including social security number) they gather from consumers for use in credit marketing campaigns.  Once this sensitive information has been sold, the bureaus can’t guarantee the security of that information.  Privacy Solutions doesn’t require a social security number or sell consumer information.

Privacy Solutions is Accurate

• According to the Public Interest Research Group, 79% of credit reports contain some type of error.  This accuracy raises the issue of credit monitoring as a reliable solution for identity theft prevention.
  
• The scope of credit monitoring is limited to financial activity.  Twenty-two percent of identity theft victims report that their identity was used in some “non-financial” way such as commission of a crime or filing of false tax returns. Early Alert™ from Privacy Solutions addresses both financial and non-financial misuse of personal information.

Privacy Solutions is Consumer Friendly

• Credit monitoring firms offer primarily web-based customer service.  On-line service can be a challenge to a certain segment of the population and offers limited comfort during what can be a trying experience. Privacy Solutions places a personal telephone call to the customer to obtain only the necessary information and clearly explains the steps that are needed to take the proper course of action.
• Credit monitoring firms provide customers with actual credit reports via the Internet which can be confusing and difficult to interpret.  Privacy Solutions places a personal telephone call with only the necessary information and steps that are needed to take the proper course of action.