Intersections Inc. Partners With Identity Theft Assistance Center for Identity Theft Recovery Services

April 5, 2010

CHANTILLY, Va., April 5 /PRNewswire-FirstCall/ — Intersections Inc. (Nasdaq: INTX), a leading provider of consumer and corporate identity theft prevention services that has protected over 30 million consumers announced that starting today, its IDENTITY GUARD® product suite will be enhanced with a more robust identity theft recovery service, ITAC Victim Assistance. ITAC, the Identity Theft Assistance Center, is the national advocate for identity theft victims and a leading voice on identity policy. A nonprofit supported by financial services companies, ITAC is dedicated to protecting all consumers through education, research and the criminal prosecution of identity crime. Intersections is the exclusive service provider of ITAC Victim Assistance.

“Identity theft isn’t going away anytime soon. Javelin Strategy & Research’s 2010 Identity Fraud Survey Report saw a 12 percent increase in the number of identity theft victims in the U.S. just last year,” said Steve Schwartz, Executive Vice President, Intersections Inc. “While no one can guarantee identity theft prevention, consumers have come to rely on the IDENTITY GUARD® award winning services to assist them in their fight against identity theft and to help protect them from the latest threats. Now we are joining with ITAC to offer industry leading recovery services to our customers.”

ITAC created the first national identity theft resolution network six years ago for financial services companies that offer it as a free service for their customers. Recognized for its innovative public/private solution to identity theft, ITAC and its dedicated team of identity theft recovery professionals will add significant value to the IDENTITY GUARD® product suite.

An exclusive feature of ITAC Victim Assistance that will now be available to IDENTITY GUARD® customers is the electronic notification to all ITAC Member companies, primarily banks, that alert them of suspected fraud. Customers can also rely on ITAC recovery professionals to:

  • Conduct a review of their current credit reports to make sure there are no account inaccuracies or red flags that might indicate previous incidents of identity theft;
  • Contact creditors about suspicious accounts so they can be properly handled or shut down to prevent credit damage;
  • Assist them in the recovery process and provide guidance on what steps to take to fully recover their financial reputation;
  • Document findings during the recovery process for future reference; and
  • Share information with law enforcement officials and the Federal Trade Commission (FTC) to help investigate identity crimes and lead the customers through the loss reporting and recovery process.

“ITAC and its member companies have worked with Intersections for six years and are impressed by their integrity and their commitment to consumers and to innovation ,” said ITAC President Anne Wallace. “This agreement helps us come closer to meeting our goal of making victim assistance available to all consumers by extending our reach and ability to help them in their time of need.”

About Intersections

Intersections Inc. (Nasdaq: INTX) is a leading global provider of consumer and corporate identity risk management services. Its premier identity theft, privacy, and consumer solutions are designed to provide high-value opportunities to its marketing partners, including leading financial institutions, Fortune 100 corporations, and other businesses. Intersections also markets full identity theft protection solutions under its brand, IDENTITY GUARD® (www.identityguard.com). Intersections’ consumer identity theft protection services have protected more than 30 million consumers.

To address the growing threat of corporate fraud, Intersections and its subsidiaries provide cutting-edge identity management solutions including security breach remediation; pre-employment background screening; and corporate brand protection.

For advice, opinions, and the latest news on identity theft for consumers, visit http://www.IDGuardian.com. Twitter handle: IDGuardian. For educational tools and resources on breach readiness for businesses, visit http://www.BreachCenter.com. Twitter handle: BreachCenter

About ITAC

ITAC, the Identity Theft Assistance Center (www.identitytheftassistance.org), is the national advocate for identity theft victims and a leading voice on identity policy. Millions of consumers have access to the ITAC victim assistance service through our members – the financial services companies who support ITAC and offer it as a free service for their customers. ITAC is dedicated to protecting all consumers through education, research and the criminal prosecution of identity crime. Through our partnership with Intersections Inc., ITAC’s world-class victim assistance and identity management service is available to everyone through ITAC Sentinel® (www.itacsentinel.com)

*Rated “Best in Class” for Personal Information Monitoring Services in Javelin Strategy and Research’s 2009 Consumer Identity Protection Services Scorecard for Identity Protection

SOURCE Intersections Inc.

Source: newswire

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