Protecting against Identity Theft While Planning a Wedding

* Reuters is not responsible for the content in this press release.

Wed Apr 29, 2009 1:24pm EDT

IdentityTruth Shares Tips for Preventing Exploitation During Busy Wedding Season
WALTHAM, Mass.--(Business Wire)--
IdentityTruth, the leading provider of a new breed of services to help consumers
safeguard their privacy and identity, today is offering couples getting married,
tips to help protect against identity theft. This is a time, when consumed by
the details of planning a wedding that it would be easy for a couple to let
their "guard" down and fall prey to identity thieves. Marriage impacts many
aspects of an individual`s personal, financial life, ranging from name changes
to filing joint-tax returns, and beyond. 

"At such a happy and busy time in one`s life, it seems unconscionable that you
could become the victim of identity theft. During a time of tremendous upheaval,
newlyweds and those planning their weddings are more vulnerable than ever," said
Steven Domenikos, CEO of IdentityTruth. "Taking some simple steps now, and being
extra-vigilant, can help the bride and groom from becoming victims of identity
theft." 

IdentityTruth shares tips for protecting against identity theft:

* Definitively make the decision to either keep your maiden name or assume your
spouse`s name - using both leaves room for error, as it would be difficult to
keep track of where you`re using one versus the other. 
* Keep marriage license and other personal documents locked in a safe and secure
place. Make sure your SSN does not appear on the marriage license, 
* Do not give out your social security number when planning a wedding, unless
you`re securing a government document, e.g. passport, social security card. Give
only the "minimum" amount of personal information to vendors. 
* When applying for a new driver`s license request that something other than
your SSN be used as a unique identifier. 
* When changing the address on existing credit cards, speak with the credit card
issuer, as some will presume this is fraud and automatically cancel the card. 
* Closely monitor your credit report for new incidents/events perpetrated by
somebody using your maiden name. 
* Fill out a National Change of Address Form (NCOA) to have your mail forwarded
to your new address. 
* Decide how you will filling for taxes (jointly or separately) and file early
with the correct name 
* Be proactive and sign-up for an identity protection service.

Identity theft is America's fastest-growing crime. More than 79 million
identities will be lost this year alone with as many as 3 million social
security numbers being stolen. Simple, credit monitoring is not enough. Only 15%
of identity theft is credit-related (85% of identity fraud happens "outside" the
credit system). IdentityTruth has discovered suspicious "identity events" for
more than 1 out of 4 consumers who subscribe to its service. 

IdentityTruth`s unique Faster than Fraud technology combines data from many
different sources--going beyond simple credit-based protection to deliver a more
complete picture of an individual`s identity risk. 

The service continuously combines and analyzes any and all information that is
discovered specific to an individual to detect suspicious activities, report
possible fraud before it happens and provide concrete next-steps to resolve a
problem that may arise. 

About IdentityTruth

IdentityTruth isthe leading provider of a new breed of service to help consumers
safeguard their Privacy and Identity. IdentityTruth`s proprietary technology
provides subscribers with advance notice of potential identity fraud so they can
take better control to stop it before it becomes costly. IdentityTruth not only
detects--but can actually predict--possible problems, and that is what makes
IdentityTruth Faster than Fraud. IdentityTruth is a privately-held, VC- funded
company headquartered in Waltham, Massachusetts. Investors include Argonaut
Ventures and Stata Venture Partners. For more information, go to
www.IdentityTruth.com or call 781-684-1300. 



Kel & Partners
Meagan J. Ellis, 508-366-2099, ext. 128
meagan@kelandpartners.com

Copyright Business Wire 2009

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.