Affinion Group Launches Next Generation of ID Theft Protection
October 26 2006 - 10:00AM
PR Newswire (US)
ID Secure Helps Prevent ID Fraud With Leading-Edge Monitoring,
Detection and Alerts NORWALK, Conn., Oct. 26 /PRNewswire/ --
Affinion Group, a leading global affinity marketer, has launched a
sophisticated new tool that uses cutting- edge public records,
Social Security number and credit card monitoring technology to
fight ID theft - the fastest growing crime in America. Branded ID
Secure, this revolutionary new solution arms consumers with an
unprecedented way to proactively manage their identity information
and avert potential ID theft and fraud. ID Secure combines
comprehensive personal information monitoring, public records
management control and ID scoring technology from MyPublicInfo
(http://www.mypublicinfo.com/), a wholly owned subsidiary of
BrightStar Information Technology Group, Inc., (OTC:BTSR) (BULLETIN
BOARD: BTSR) and a leader in consumer identity protection, with
credit card monitoring from CardCops, a data analysis technology
solutions leader, and Social Security number and synthetic ID
monitoring from Edentify, Inc. (OTC:EDFY) (BULLETIN BOARD: EDFY) ,
a leading provider of identity management and fraud detection
solutions. Affinion Group partnered with these enterprising
companies earlier this year to create innovative new products,
services and strategies to thwart the spiraling crime of ID theft.
"These revolutionary new technologies keep consumers one step ahead
of would-be ID thieves, and is perhaps their best chance of
avoiding identity- related criminal abuse," said Frank Abagnale, an
Affinion Group spokesperson, former master forger and leading fraud
prevention expert, whose life story inspired Steven Spielberg's
movie Catch Me if You Can. "Punishment for fraud and recovery of
stolen funds is so rare, prevention is the only viable course of
action. Combining these comprehensive technologies into ID Secure
provides unsurpassed prevention." Identity theft is the fastest
growing crime in America, with 27.3 million victims in the past
five years, and nearly 20 million in the past two years alone,
according to a study from Javelin Strategy & Research. This
crime costs more than $56 billion, or $6,383 per victim, annually,
and has become so prevalent, that an identity thief strikes on
average every 3.5 seconds. ID Secure fights ID theft with these
innovative weapons: * Public records management and control, called
a Personal Information Profile - this powerful tool delivers a
comprehensive report of consumers' public records, so they can
detect potential public record manipulation. It also shows others
who have similar identities (i.e.: similar names, address, age), so
consumers can be aware of potential mistaken identity before it
happens. * Proactive personal data, social security number and
credit card monitoring, called Data Sweep - that monitors your
name, address, phone and other personal information in certain
Internet directories, with tools to request removal of the
information from the public eye. Proprietary technology scans
billions of public records to detect unauthorized activity,
including attempts to manipulate your SSN to create a synthetic
identity. And, a real time early warning system protects you from
credit card fraud - before it happens. * ID theft resolution &
insurance - A dedicated caseworker will assist victims of ID theft
with restoring their names. Victims also receive up to $10,000 in
ID theft insurance (no deductible), that covers certain legal fees,
lost wages and other out-of-pocket expenses. * ID scoring,
education & awareness - an online National Fraud Score survey
assesses an individual's vulnerability to identity theft, identity
manipulation or mistaken identity. Resources, tools and tips on
fraud prevention and public record management are also available.
"As a leader in credit monitoring and identity theft protection, we
are excited to incorporate these advanced technologies into our
suite of solutions that includes PrivacyGuard, PC Safety Plus and
HotLine," said Tom Rusin, chief revenue officer and general manager
of Affinion Group. "Our new protection products are ushering in a
new era of identity fraud protection that will benefit Affinion's
more than 4,500 marketing partners and their customers across
multiple industries." Affinion Group was the first to develop a
membership credit monitoring product in 1992, and remains one of
the largest providers of identity theft solutions in the U.S. The
next frontier in ID theft and fraud protection is ID scoring, which
assesses vulnerability to ID theft, manipulation and mistaken
identity. According to a recent Gartner Inc. report, "identity
scoring for consumers will overtake credit report monitoring as an
effective ID theft prevention tool by the end of 2009," said Dr.
Harold Kraft, CEO of MyPublicInfo. About Affinion Group Affinion
Group (http://www.affiniongroup.com/) is a leading affinity direct
marketer of value-added membership, insurance and package
enhancement programs and services to consumers. With more than 30
years of experience, Affinion Group currently offers its programs
and services worldwide through more than 4,500 affinity partners.
Its diversified base of affinity partners includes leading
companies in a wide variety of industries, including financial
services, retail, travel, telecommunications, utilities and
Internet. Affinion Group also has a growing loyalty solutions
operation that administers points-based loyalty programs. Based in
Norwalk, Conn., Affinion Group has approximately 3,600 employees
throughout the United States and in 14 countries across Europe.
Affinion Group has established itself as a premiere security,
credit monitoring and identity theft protection innovator. It
launched HotLine, a leading ID theft, credit card, fraud protection
and security service in 1969. PrivacyGuard, a comprehensive
membership credit monitoring product which was created in 1992,
remains one of the largest in the U.S. Other ID theft protection
services in Affinion's thriving security business include PC
SafetyPlus, an identity theft software service that protects
members with a personal firewall to thwart hackers and other online
ID threats. PC SafetyPlus software features automatic updates and
service upgrades for protection against prevailing computer
viruses, spyware and worms. About MyPublicInfo MyPublicInfo, Inc.
(MPI) a wholly owned subsidiary of BrightStar Information
Technology Group, Inc., (OTC:BTSR) (BULLETIN BOARD: BTSR) , was
founded in Arlington, Virginia in 2004 and is the leading provider
of consumer identity and public records management services. MPI
sells the most comprehensive consumer products available through
http://www.identitysweep.com/ and http://www.mypublicinfo.com/,
partner web sites, and other marketing channels. For more
information or orders, please go to http://www.identitysweep.com/.
About CardCops CardCops protects consumers from identity theft by
providing them with the means of determining whether their credit
card, social security number, or other personal information has
been compromised, even before it is used to commit a crime; and
helps global Internet merchants reduce losses due to fraud by
identifying transactions involving stolen credit cards. CardCops
collects compromised data from cyberspace and makes it available in
"real time" to consumers, merchants and banks. CardCops began
scouring cyberspace for compromised personal and financial
information in 2000, and has supplied information to the Credit
Card Associations, the FBI, the Secret Service, various Attorneys
General offices, and other law enforcement agencies. What is unique
about much of the data found by CardCops is that it has not yet
been used maliciously, and therefore enables the CardCops customer
to take pro- active steps to prevent identity theft and fraud from
occurring. About Edentify, Inc. Edentify, Inc. ("Edentify"),
headquartered in Bethlehem, Pa., was formed in August 2004 with the
objective of becoming the leading organization in the field of
developing and deploying data analysis technology solutions for
preventing identity theft and fraud. It is currently a later
development-stage company and expects shortly to begin a period of
increased growth. Edentify will seek to fulfill its goals by
analyzing the means by which identity crimes are perpetrated and
through the development of new technologies and procedures to
assist corporations, the government and consumers in the fight
against identity fraud and related crime. Edentify owns the
intellectual property rights to two strategic approaches towards
the detection and prevention of identity fraud. One is a patented
information-based approach that analyzes identity data information
for individuals in large databases and is capable of detecting and
scoring incidences of identity manipulation and potential theft
(Identity Quotient Index(TM)). The forerunner of this technology is
currently used in screening identities used for new checking
account applications at nearly every major bank in the U.S.
Edentify will continue to market this technology to other areas of
the financial services industry, as well as to large healthcare
organizations and local, state and federal governments. The second
approach is a biometric technology that will be marketed through
and is named after our wholly-owned subsidiary, InMotion
Biometrics, Inc. ("IMB"). This novel set of algorithms combines
face and voice recognition techniques for authenticating the
identity of an individual. The IMB technology is licensed from
face2face, Inc., a leading character animation company that was
spun off from Lucent Technologies, Inc. in 2000. The core
capability of this technology is its facial analysis system that
contains highly evolved algorithms for obtaining the inner lip
contour, which can accurately measure for optimal visual speech
recognition performance. Additionally, the system is designed as a
multi-modal platform capable of combining the reading of two or
more biometric technologies simultaneously. For more information,
please see our website: http://www.edentify.us/. Available Topic
Expert(s): For information on the listed expert(s), click
appropriate link. Frank W. Abagnale
http://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=39784
DATASOURCE: Affinion Group CONTACT: Todd Smith, +1-615-764-2598, or
+1-615-202-7944 (Cell), or Andrea Lindsley, +1-615-780-3315, or
+1-615-415-8886 (Cell), both of Affinion Group; or Kathleen
Schneider of MyPublicInfo, +1-310-821-6100 x111; or Mike Brown of
CardCops, +1-310-691-5440; or Mike Lizun of Edentify,
+1-610-642-8253, or +1-610-585-7594 (Cell) Web site:
http://www.mypublicinfo.com/ http://www.affiniongroup.com/
http://www.identitysweep.com/ http://www.edentify.us/
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