Anne was careful to safeguard her personal and financial information. But one day, a company with whom she did business was subject to a cyberattack. Her information was no longer secure, and soon she began seeing unauthorized charges on her credit cards and new accounts being opened in her name.
She received alerts from the expensive cyber protection service she had purchased, but she discovered that it was up to her to do most of the identity repair work herself. It was many months before her life returned to anything resembling normal.
Alerts Are Critical. So Is Actual Help.
When your identity is compromised, what you want most is someone to fix it—fast. IDTheft Assist, available now to Hylant clients and friends, is a comprehensive, affordable credit monitoring and restoration service. A monthly subscription gives you and your immediate family access to 24/7 response services, including a designated U.S.-based advocate who does all the work necessary so that you can get back to your normal routine.
The process for helping you includes:
• Compiling the facts. IDTheft Assist will assign an advocate to your case who will pull your real-time credit report and attack your case of fraud or theft hands-on.
• Contacting your creditors. IDTheft Assist notifies the credit bureaus of fraudulent activity, submits affidavits to the Internal Revenue Service or any involved creditors, submits dispute packages on your behalf to involved entities, alerts ChexSystems, notifies the postal inspector of the incident and disputes medical fraud.
• Restoring your credit. IDTheft Assist places alerts or security freezes on your behalf with the credit bureaus, submits disputes on each fraudulent entry on the credit report, alerts creditors and submits dispute packages on your behalf, and obtains clearance notifications regarding the fraudulent accounts.
To see how IDTheft Assist compares with other credit monitoring services, view this chart.
Proactively Manage Your Personal Financial Risks
In its Consumer Sentinel Network report, the U.S. Federal Trade Commission recorded that people filed more reports in 2019 about identity theft (20.3% of all reports) than any other type of complaint. Advisory firm Javelin Strategy & Research reported in spring of 2020 that identity fraud losses had risen to $19.9 billion, a 15% increase over the previous year. Obviously, this threat is not going away anytime soon.
To better manage your personal financial risks, consider putting a credit monitoring service like IDTheft Assist in place today, if you haven’t already.
This information is for informational purposes only and should not be considered legal advice. IDTheft Assist is offered through a third-party, and Hylant disclaims any and all liability, including express or implied warranties, whether oral or written, for such third-party services.