TrustedID Picks Cyveillance - InformationWeek

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Government // Cybersecurity

TrustedID Picks Cyveillance

TrustedID has chosen Cyveillance Identity Theft Protection as a data provider for its new StolenID Search service

ARLINGTON, Va. -- Cyveillance, the leading provider of online risk monitoring and management solutions, today announced that TrustedID has chosen Cyveillance Identity Theft ProtectionTM as a data provider for its new StolenID Search service, which enables consumers to determine whether personal information may have been stolen or compromised. The Cyveillance Web service provides real time intelligence about more than 2 million unique, validated and recently compromised credit card and social security numbers. This provides TrustedID’s customers with the industry’s most comprehensive resource to quickly and easily identify if they have become a victim of data theft.

Cyveillance technology continually monitors the open Internet to discover leaked or stolen personal information. As new personal data is discovered, Cyveillance Identity Theft Protection provides updated intelligence so that OEM partners like TrustedID can take immediate proactive steps to protect consumers against fraud. Timely notification of compromised personal data is a critical component of fighting identity theft. For consumers unaware that their personal information has been stolen, the damage is often swift and far reaching.

"Utilizing the Cyveillance Identity Theft Protection as part of our StolenID Search service, we leverage a rich source of at-risk personal information," said Scott Mitic, CEO and Co-founder, TrustedID. “The real-time intelligence Cyveillance provides about compromised personal credentials is a highly valuable resource for users of our StolenID Search service.”

Cyveillance Identity Theft Protection provides real-time access to the same intelligence used by many of the top credit card issuing banks and credit unions. This intelligence, comprised of sensitive information detected on the open Internet, includes compromised credit and debit card numbers, social security numbers, PIN numbers, home addresses and other personal data. Using this data, organizations can reduce their fraud-related losses through proactive detection of high-risk transactions and consumers can take steps to protect themselves before fraud occurs.

“Online risks have quickly evolved from mere inconveniences to organized, profitable businesses, and this increased criminal activity is greatly damaging consumer confidence,” said Panos Anastassiadis, CEO of Cyveillance. “The only way to effectively combat these threats is to provide consumers with the tools to proactively identify whether their information has been compromised before substantial damage can occur.”

Cyveillance

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