LifeLock CEO Hacked?
June 25, 2008 – 3:08 pmLet me first start this post off by saying this - LifeLock Works!
Yes, someone was able to obtain a $500 payday loan using the CEO of LifeLock Todd Davis’s SSN. However, the check cashing company made no attempt to verify his identity. Regardless, LifeLock paid the $500 automatically. This is the same service that is part of their $1 million total service guarantee. LifeLock worked exactly like it was supposed to.
The facts in this matter are that Todd Davis has given out his Social Security number in over 10 billion impressions and only once was his identity compromised. The company who provided the payday loan did not even try to verify the true identity of the thief. No credit report was pulled and no ID requested. By simply providing a Social Security number and a address the thief was granted the loan.
There has been nothing but false claims and bogus accusations against LifeLock and Todd Davis. There has never been any hard evidence to back up any of these claims.
As of May 2008 LifeLock protects over 1 million people. With identity theft on the rise its a wise decision to do everything you can to protect your good name. Identity theft costs over $50 billion annually and an identity is stolen every 3 to 4 seconds. The top 5 states for identity theft are Arizona, California, Florida, Texas and Nevada.
As identity thieves become more sophisticated and prevalent you should be asking yourself only one question: Am I protected?
