If you want a better understanding of how serious identity theft is, the recent news about the computer hacking at J.P. Morgan Chase should be a real eye-opener. A gang of cyber hackers broke through the security walls of not only J.P. Morgan, but of several other financial service companies and media outlets. The personal information of tens of millions of consumers were exposed to theft and fraud. A group legal plan can effectively help an individual if it has identity theft and credit monitoring.
You have every right to feel extremely nervous. Cyber theft has gone beyond isolated occurrences and is almost an industry by itself. The latest case involved more than 100 banks internationally with more than $900 million being stolen. Despite what major banks say, your financial accounts and your personal information can be at very serious risk. The danger calls for a special layer of security. It is reason enough to ask an employer to have identity theft protection as a group legal plan.
Information Sounds the Alarm
Forgetting to Draft a Will Hurts the Survivors
The holiday season has a way of making the bucket list grow even longer. People have last-minute shopping to do, look for a way to use up what’s left of their vacation days, and close the books for the year. The days can be hectic. There is something that should not wait until it is a New Year’s resolution. The last will and testament of an individual is an extremely important document. It is a benefit that a group legal plan has which any plan member will find to be extremely important.
Sony was recently hacked into on a major level. Confidential emails and financial information were made public in one of the more vicious acts of ID theft ever perpetrated. People can be amazed at the audacity of the criminals, but confidential information is not completely safe on the Internet. Anyone doing shopping on a retail website may be at risk. Hackers will use credit cards and bank account numbers for their own purposes. Companies that are sensitive to employee needs want to have ID theft and credit monitoring as part of a group legal plan benefit. There are certain things that must be in the plan to be worthwhile
Id theft and Banks are becoming synonymous
It can be paying bills or depositing money, online banking is something that consumers really enjoy. It is so convenient and it allows a person to avoid long lines or mailing credit card payments. This is all great but there is a very dark cloud coming in on the horizon. Internet thieves have become even more sophisticated in the devious work they do. Banks were once thought of as being very safe places on the Internet, but that has dramatically changed. The large financial institution of J.P. Morgan Chase was hacked into recently. This is a bank that invests millions of dollars in computer security. Its defenses were breached and other banks may be at risk as well. A person needs a group legal plan benefit to be safe from this invasion.
Recent Hacking News Has made the Public Very Nervous
Criminal minds never rest. They are constantly on the lookout for an opportunity for theft and sophisticated precautions do not stop them from trying. The media has recently reported about a cyber-attack that was committed against J.P. Morgan Chase, with the possibility of several other banks being targeted as well. This is an instance where hackers are trying to burrow through security walls into the confidential information of a lot of bank depositors. It is something that makes a lot of people extremely nervous. People are very worried about the security of their personal information and with very good reason; hackers are constantly trying to get a hold of it. Once stolen, this information can be used to set up bogus credit card accounts or conduct other illegal activities based on the stolen information. A group legal plan that can offer some form of identity protection will ease many troubled minds.
Quick Response Ends the Emergency
One would think that with better firewalls and Internet security systems identity theft should be a thing of the past. It isn’t because the thieves just got smarter. They are now calling people directly at home, alerting folks to “problems” with their home computers and asking for information to help correct the situation. People who are trusting provide all kinds of financial information, and find out later that their financial security has been compromised. ID theft is a major shock that can disrupt a person’s entire life. Companies who are employee sensitive realize the catastrophe and providing for identity theft is sensible part of a comprehensive group legal plan.
We trust people and unfortunately that can be a terrible mistake. Someone calls during the day and says that your computer needs to be checked for virus. Without thinking, confidential information such as a credit card number is shared over the phone. That is dangerous because identity thieves don’t just hack into online accounts. They will call and steal information from an unsuspecting person. The resulting emergency is quite real. The thief will immediately take that information and use the credit card. Even worse, if other personal information is shared, a bogus credit card can be established and maxed out with purchases. The victim may not know about the theft until days or weeks later. An important group legal plan that every human resources director should consider is one that will help safeguard a person’s identity. We offer such protection.
It is no joke that hackers are alive and well and breaking down security walls. The media has not only discussed the Heartbleed emergency but also has reported on major retail websites such as EBay being compromised. We live in a society where debit and credit cards are the primary means of financial transactions. E-commerce websites to try to maintain a stiff defense, but security walls can be breached and financial information can be compromised. When it happens financial information can be stolen and used immediately. The victim may not know until weeks later the extent of the damage, and discover that his or her credit ratings have been destroyed. Group legal services that offer firm protection against identity theft is something all consumers would like to have.
Insurance exchanges are something employers are turning to more and more for benefits. Corporate decision-makers like the ability of an insurance exchange to offer not just health insurance, but other benefit options as well. It allows hard-working employees to tailor their own comprehensive benefits plan. There are some standard options that are being offered but one that is not always seen is ID Theft Protection. That is unfortunate because this is something consumers certainly need.
Identity Theft Is Dangerous
Identity theft protection is a voluntary benefit option that is definitely in line with the times. The media made a great deal about the superbug Heart bleed, but hacker threats to a person’s financial information is an ongoing problem.