Your Business Relies
On Consumer Confidence,
Trust and Security.
PROTECTION FOR YOUR
Increasing The Security of Your Data.
Improving Employee Retention.
A Win-Win Solution.
Identity Theft Protection is an Important Employee Benefit
Every two seconds, someone’s identity is stolen.
Cyber threats and data breaches expose your employees’ identities, as well as exposes the company to risks of fraud, data loss, decreased employee productivity and reduced profitability. C-level Executives and HR/IT Managers equally share responsibilities to secure company data and are looking for solutions to safeguard corporate assets, while strengthening their overall security policy.
As the threat of being hacked continues to grow, an increasing number of employers are looking at identity theft protection as a voluntary benefit they can offer to employees. [1]
A Win-Win Solution For Your Company
Mitigate Data Breach Risks– To help mitigate endpoint security risks, IT teams are increasingly offering identity protection as an important first line of defense against potential security data breaches.
Reduce Absenteeism -One in four U.S. citizens have experienced identity theft. 56% of identity theft victims missed work because of crimes committed in their name [2]. Reduce stress and distractions. Studies show that more than 100 hours are spent by identity theft victims to restore things. In fact, they spend an average of 18 hours on each incidence of fraud [3]. The impact in lost work time to Small-Midsize companies and Enterprise companies could be staggering.
Example #1: 100 EE’s x 25% ID Theft victims= 25 EE’s x 18 hrs.= 450 Lost Work Hours per year
Example #2: 5,000 EE’s x 25% ID Theft victims= 1,250 EE’s x 18 hrs. = 22,500 lost Work hours per year
IRS Tax Benefits -The IRS will treat identity theft protection as a non-taxable, non-reportable benefit, regardless of whether the company has experienced a data breach or just want to provide identity theft protection to its employees or customers. What does this mean for companies? They can deduct the cost of it.
Attract and Retain Talent -Compete with other companies for top talent acquisition and employee retention. Today’s workers want the company they work for to have a deeper relationship and understanding of them. This would include their overall physical, emotional and financial well-being. Offer your employees a unique identity theft solution.
Safeguard your assets, protect your data and strengthen your overall company security. Offer your employees the first of its’ kind, proactive “prevention-first” identity theft solution that has built-in traditional protection, monitoring and restoration benefits.
[1] 2016 voluntary benefits survey by Willis Towers Watson found that identity theft protection, offered by 35% of employers in 2015, could double to nearly 70% by 2018.
[2] Identity Theft: The Aftermath 2016. Identity Theft Resource Center
[3] 2017 Javelin Strategy & Research Identity Fraud Study.
[2] Identity Theft: The Aftermath 2016. Identity Theft Resource Center
[3] 2017 Javelin Strategy & Research Identity Fraud Study.
Employee Benefits…a Very Competitive Marketplace
Benefit brokers and advisers today need to know everything going on in their industry and that includes paying attention to trends in non-insurance voluntary benefits.
By not knowing, you risk losing additional sources of recurring revenue or worse being replaced as the Broker of Record (BOR) because you hadn’t brought your clients fresh ideas or new strategies to help attract, retain and reward employees.
Identity Theft Protection is the Fastest-Growing Employee Benefit, according to a 2016 voluntary benefits survey by Willis Towers Watson and found that identity theft protection, offered by 35% of employers in 2015, could double to nearly 70% by 2018.
As the threat of being hacked continues to grow, an increasing number of employers and employees are looking at identity theft protection as a voluntary benefit. [1,2]
Grow Profits and Retain Clients
- Capture “First-Mover” Advantage
- Offer a vital employee benefit
- Strong, Residual Compensation Plan
- Easily integrates with Private Exchanges and Benefit Portals
- Ideal for Members of Affinity Groups & Associations
- Perfect addition or upgrade to a robust employee benefit package.
Offer a NEW & UNIQUE proactive Identity Theft product as an employee benefit, as well as offering data breach protection services to Small-to Midsize Businesses (SMBs) and Commercial Enterprise Companies.
Interested in Becoming a Channel Partner?
Differentiate Yourself
Re-engage, retain and deepen client relationships. Cross-sell with C-Level, HR and IT Executives.
Cybercriminals continue to target companies, universities, retailers and hospitals in massive data breaches exposing millions of Americans’ personal information.
Company Executives (C-level, HR and IT) equally share responsibilities to secure company data. In addition to exposing your clients company and customer information, data breaches put their employee’s information at risk and ultimately impact employee productivity and corporate profitability.
We Understand Your Business
Our Leadership Team has years of experience working in the Employee Benefit/Voluntary Benefits industry. We can honestly say, we’ll provide you and your clients with a Best-in-Class product offering.
[1] Employees continue to express interest in identity theft protection. Eastbridge Consulting. “15 Voluntary Benefit Trends Heading Into 2017”
[2] Willis Towers Watson. Benefit News. “6 Nontraditional Voluntary Benefit Trends to Watch in 2017
Data Breaches And Related Cyber Crimes Are The Fastest Growing Economic Crimes in The World.
Customers must trust you with their vital information. That’s just a normal part of doing business today. Destroying that confidence through a data breach can ruin both your reputation and your business.
Your computer systems are under attack today more than ever before. While your employees can be your business’s greatest asset, they may also be your weakest link when it comes to data security.
Data breaches can occur in many ways. Stolen laptops, misguided email mistakes, and clicking on erroneous links that leave your systems vulnerable to scammers and hackers are just a few of the ways employees can unwittingly expose you to cyber criminals. The consequences can literally cripple your business, causing customers to lose trust and take their business elsewhere. Without keylogging protection software, it’s only a matter of time before it happens to you.
Small-to-Mid sized businesses (SMBs) are particularly susceptible to these attacks because hackers are counting on you not having the best protection. It’s time to prove them wrong.
Interested in Becoming a Channel Partner?
Security Solutions Available:
- Multi-Factor Out-of-Band Authentication
- Anti-Keylogger Keystroke Encryption
- Mobile Security Suite
- Mobile Application Security
- Security Awareness Training & Simulated Phishing Programs
Additional Services Available:
- Data Breach Consulting
- Identity Management Services
- Data Breach Response & Remediation
- Security for Permissioned Blockchains
- Security for Crypto Exchanges and Crypto Wallets
Easy Targets
65% of Daily Cyberattacks Target SMBs
Criminals know that your main focus is growth and just keeping your business afloat. They assume that data security is last on your to-do lists. Also, with limited resources and staff you may not have the necessary tools to protect your infrastructure.
The average SMB data breach can cost up to $4 million in lost business and subsequent fixes. Are you ready to shell out this kind of money?
How we can help SMBs
Consulting -We help you identify potential dangers that can put your company at risk. Once you recognize weak spots, you can take steps to address them and protect your business.
Protection -Your IT department likely has its hands full with optimizing your business and helping you increase cash flow. Let us act as your complete security team. We offer Information Security, Compliance, Staff Training, Data Privacy and Information Governance services.
Rapid response and remediation -If you do experience a data breach, we have a variety of services to help you get back on your feet.
These include:
- Detection and removal of malware
- Public relations and media management
- Customer or employee notification and remediation
- Data and system restoration
- Assessment of the incident impact and likely consequences
- Breach victim notification management
- Breach victim call handling
We’ll not only tailor a plan designed to meet the specific needs of your industry and organization, but we’ll guide you step-by-step through successful incident management and data protection.
Solutions for Enterprise Businesses
The average cost of an Enterprise data breach is more than $5 million. However, the true cost is much higher when you factor in:
- Shareholder Risk
- Company Trade Secrets, Customer and Agent/Distributor Databases
- Reputation Risk with Agent/Distributors, Associates and IBO’s
- Diminished Customer Confidence
- Class-Action Lawsuits
- Regulatory Fines and Penalties
- Healthcare – HIPAA Fines and Penalties
Effective cyber security is essential for your business. We provide:
Identity Management Services -Our personalized solution in which we give your organization proactive education strategies, risk-reduction plans, identity theft protection, privacy management, and unlimited 24/7 resolution support to help fight identity theft and fraud.
Data Breach Services -We help our commercial clients reduce risk by confidently preparing, responding appropriately, and ensuring compliance. Our comprehensive and affordable data security program that delivers risk-reduction education and tools, leadership on breach event response preparation, and on-call access to top privacy and security experts.
Ready To Get Started?
Ready to take the first step in implementing a benefit your employees will love and will help you retain talent?
