CHANTILLY, Va., May 24 /PRNewswire-FirstCall/ -- With the prospect of millions of U.S. veterans under siege after having their personal information potentially compromised by a data loss involving information from the Department of Veterans Affairs, Intersections Inc. today announced that it will offer all affected veterans its Identity Guard(R) Fraud Protection service free for six months.
As defined by Intersections, "iJacking" describes the emotionally devastating and financially draining effects of identity theft and fraud. To help protect against this phenomenon, Intersections will provide Identity Guard(R) Fraud Protection, its identity protection service, to veterans enabling them to identify and resolve personal fraud threats stemming from the recent data loss involving their personal data.
Intersections is making the same technology used by many of America's leading financial corporations available for free to all affected U.S. veterans. Veterans can enroll in the free service by visiting http://www.fraudprotect.com/ from the Memorial Day holiday weekend, beginning May 26 through the Independence Day holiday, July 4. This service is underwritten by Intersections and its partners, including LexisNexis(R), an information solutions provider.
"This stolen personal data puts our nation's veterans in serious danger of becoming 'iJacking' victims," said Michael Stanfield, chairman and CEO of Intersections. "Intersections recognizes that a thorough and immediate response is critical to protect our veterans' identities today just as they have defended our freedom and way of life."
Veterans will receive Identity Guard Fraud Protection services and assistance in four critical areas:
* A personalized ID Risk Assessment(SM), presented as a sliding scale risk
level, is an indicator of the likelihood that one may be a victim of
identity theft.
* A comprehensive Public Record Profile, compiled from thousands of data
sources -- allows consumers to see what information is publicly
available about them -- and what it says about them.
* Internet Surveillance -- by registering their credit cards, consumers
tap into sophisticated web crawling technology designed to reduce the
risk of credit card fraud by continuously searching the Internet for any
evidence that their registered credit cards are being sold or traded
online by fraudsters and other criminals. Real-time updates help to
ensure early detection so consumers can take immediate and timely
action.
* Daily Monitoring of an individual's credit report including Notify
Express(SM) alerts, which keep consumers informed of changes in their
personal and credit information, thus completing the Identity Guard
Fraud Protection suite of services.
Identity Guard(R) Fraud Protection is normally sold as a subscription service for $12.99 per month. This offer is free to all U.S. veterans for six months, and then automatically terminates unless the veteran elects to continue the service at a discounted price that will be set in the future. There is a one time $4.95 Identity Verification and Processing fee, which requires a valid major credit card. The Identity Guard(R) Fraud Protection enrollment process is designed to ensure privacy and security.
Safe Harbor Statement
Statements in this presentation relating to future plans, results, performance, expectations, achievements and the like are considered "forward- looking statements." Those forward-looking statements involve known and unknown risks and are subject to change based on various factors and uncertainties that may cause actual results to differ materially from those expressed or implied by those statements. Factors and uncertainties that may cause actual results to differ include but are not limited to the risks disclosed in the Company's filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to revise or update any forward-looking statements.
About Intersections Inc.
Intersections Inc. is a leading provider of branded and fully-customized identity management solutions. By integrating its technology solutions with its complete production and fulfillment services, Intersections safeguards more than 5 million customers. These customers are primarily received through marketing partnerships and consumer direct marketing of the company's Identity Guard(R) and SB Guardian(SM) brands. Additionally, Intersections offers pre-employment background screening through its wholly-owned subsidiary, American Background Information Services Inc.
Learn more about Intersections Inc. at http://www.intersections.com/ and its services at http://www.identityguard.com/.
Contact:
Michael Bruno
Edelman
