TEMPE, AZ - (October 7, 2008) - Nothing puts a damper on a pay-day celebration like finding out that the dollars on your pay stub have been stolen along with your identity. Although tiny in size, your pay stub is can be pretty valuable in the hands of a criminal. Personal information printed on your check, such as your full name, address and Social Security Number, are key pieces that a thief needs to steal your identity.
Customers and employees of Phoenix-based AmCheck, a leading payroll processing company, can now take advantage of an identity theft protection offering as a result of a partnership announced today between the company and LifeLock®. With more than 1,500 clients that service more than 200,000 employees, AmCheck has added LifeLock's services to its list of human resource benefits, giving clients and employees the opportunity to take advantage of LifeLock's proactive identity theft protection package at a discounted rate.
"Identity theft criminals will take advantage of any avenue they can find to take over a person's identity," says LifeLock CEO Todd Davis. "A few weeks ago I was in the park with my family and found a piece of paper on the ground. It was someone's pay stub that included all the information I would have needed to cause great harm to that individual. Though it may have been in trash or just lost to the wind, this important information was lost for anyone to use. It's because this simple mistake could have cost someone dearly, that we stress the importance of placing layers of protection. This should be a tremendous partnership to spread that vital message."
As the industry leader in identity theft protection, LifeLock requests on behalf of its clients that the national credit bureaus place fraud alerts on its members' credit files, and requests that members' names be removed from pre-approved credit card offer and junk mail lists. Members are also entitled to LifeLock's WalletLock™, eRecon™ and TrueAddress™ services. WalletLock works to cancel and replace all documents and personal identifying information inside a wallet if it is lost or stolen. eRecon is a regular patrol of the Internet in search of social security numbers, credit card numbers, driver's license numbers and email addresses of LifeLock members to protect against the information being illegally traded or sold online. LifeLock's TrueAddress service searches to see if members have had a change of address form filed and alert them to ensure they are aware of the change. The company's services are backed by a $1 million total service guarantee.
"Working in the payroll industry, we understand how crucial it is to devote the utmost attention to people's personal information, and that's why we are thrilled to partner with LifeLock," says AmCheck CEO Dean Lucente. "We strive to offer our customers the best service, and by helping our employers and their employees to protect their identities, we are further setting AmCheck apart from its competitors in the payroll industry."
Identity theft has become the number-one crime in the nation, passing up drug trafficking, according to the U.S. Department of Justice. In 2007, the fast growing crime costs residents of Arizona $31.2 million and also giving the state the number one title in the nation as the worst in identity theft reported cases, according to the Federal Trade Commission.
About LifeLock®
Founded in 2005, LifeLock works to close many of the doors identity thieves go through to misuse personal information. Closing in on 1.5 million members, LifeLock has earned multiple awards, including the Red Herring 100 Global Award as one of the Top 100 start-ups in the world. LifeLock was the recipient of two American Business Awards for advertising in 2008, and most recently, garnered an additional award honor for advertising from the International Business Awards. LifeLock representatives are available to assist members 24 hours a day, seven days a week from the company's secure facility in Tempe, Ariz. LifeLock (www.lifelock.com) is a private company backed by Goldman Sachs, Kleiner Perkins Caufield and Byers, as well as Bessemer Venture Partners.
About AmCheck®
AmCheck is a national provider of Payroll Services, ASO Services and Professional Employer Organization (PEO) services. Launched in Phoenix in 1996, the company is one of the country's largest independent Payroll Service Bureaus, serving thousands of clients, and managing every aspect of payroll, taxes, employee benefits, pension plans and worker's compensation. In 2001, the company expanded its reach nationally by opening offices in other states. Today, AmCheck is a leader in Web-based payroll technology, and is recognized for its skill in harnessing and applying the latest technologies in order to improve clients' internal and external processes.
