TrustedID® Launches IDSafe™: The First-Ever Free Comprehensive Credit and Identity Theft Protection Service for Consumers

REDWOOD CITY, Calif., May 11, 2011 /PRNewswire/ -- TrustedID, a leading provider of proactive, comprehensive identity theft prevention and consumer credit protection solutions, today announced the launch and immediate availability of its new IDSafe, the industry's first-ever free consumer credit and identity theft protection service to provide comprehensive core coverage at absolutely no cost.

Delivering a core level of TrustedID's protection services that have been named Best in Class by Javelin Research and backed by a $50,000 service warranty, IDSafe provides consumers a free credit score updated monthly and Facebook social networking privacy risk monitoring. In addition, continuous monitoring of known online black market venues where identity thieves buy and sell consumers' personal information is included to prevent IDSafe users' vital data from falling into the wrong hands.

"Identity theft continues to be a serious and growing problem in America, and one that seems to become increasingly complicated as consumers share more of their personal information online and thieves become more sophisticated in their tactics," said Scott Mitic, CEO and founder of TrustedID. "We want every American to have access to this core set of protections to guard against falling victim to this devastating crime."

Along with a new credit score update every month, IDSafe users receive a free annual credit report from each of the three national credit bureaus, as well as TrustedID's Lost Wallet Protection service that helps consumers quickly take control of the situation should their wallet or purse becomes lost or stolen. TrustedID's expert Identity Restoration Assistance is included free of charge to help consumers in the event their identity is compromised. A unique Fraud Alert Reminder service even enables IDSafe users to place and monitor ongoing fraud alerts on their credit record to reduce the likelihood of becoming prey to the most dangerous forms of identity theft.

IDSafe users also have full access to the IDSafe Marketplace, a unique offering from TrustedID that brings together best-in-class free services from TrustedID partners whose offerings complement TrustedID's protection. "We're working with reputable companies that provide exceptional privacy and security services and we've made it easy for IDSafe users to access these valuable services," Mitic said.

The IDSafe Marketplace currently includes 5GB of online data storage from SugarSync, online privacy scan and personal data removal services from ReputationDefender, parental control tools from SafetyWeb, PC scanning services from IdentityFinder and Cloud-based anti-malware protection from by Immunet.  

"With no subscription time limit or purchase requirement, IDSafe provides the absolute best value for core protections that everyone should have in place," Mitic said. "And, should you ever decide to deepen or broaden your protection, IDSafe customers will have easy access to an array of additional protections from TrustedID's award-winning premium services to add comprehensive credit monitoring, online credit reports and more."

TrustedID's comprehensive and innovation solutions for protecting key areas of consumers' identity earned the company a coveted #1 Ranking and Best-in-Class honor in Javelin Strategy & Research's 2010 Annual Identity Protection Services Scorecard. Hundreds of thousands of Americans have been served by TrustedID's branded and partner protections.

TrustedID representatives will present an overview of the new IDSafe free service at the FinovateSpring 2011 Conference set for May 10-11 at the new San Francisco Concourse Exhibition Center.

For more information or to sign up for IDSafe now, go to www.TrustedID.com/IDSafe. (need to decide if we want to promote in this way)

About TrustedID
TrustedID delivers proactive identity theft protection solutions to help safeguard individuals, families and businesses. With the industry's most comprehensive credit monitoring and identity theft protection solutions, TrustedID's flagship product, IDEssentials^™, provides more than a dozen forms of protection, plus access to our 24/7 on-call protection team, all backed with a $1,000,000 limited warranty. The company's innovative Identity Threat Score calculates an individual's risk of falling prey to identity theft and recommends immediate preventative steps. These and other aspects of TrustedID's service are based on proprietary technology that reduces the likelihood of identity theft. TrustedID's Data Breach Solutions Group provides rapid response programs for organizations suffering from data breach events. The company's Employee Benefits Solutions Group serves businesses of all sizes with programs for employees and their families.

TrustedID is a privately held company, with headquarters in Redwood City, California. For more information about our products and services visit our website at www.trustedid.com.

SOURCE TrustedID