Protect Personal Data: BenefitMall Partners with Fraud Monitoring and Identity Resolution Leader

May 13, 2014 - PRLog -- (Dallas) May 13, 2014 – BenefitMall®, the leading provider of payroll, human resource products and services, and employee benefits, today announced a new partnership with IDT911™ (IDentity Theft 911®), the nation’s premier consultative provider of identity and data risk management, resolution and education services.

BenefitMall will extend optional identity theft protection to its 200,000 plus employers of small and mid-sized businesses that subscribe to its payroll and human resource services as an additional offering for their employees.

Fraud is a growing problem in the United States. The Federal Trade Commission reports that identity theft has been at the top of the list of consumer complaints for 14 consecutive years. In 2013 alone, total fraud costs were more than $1.6 billion dollars.

According to the Javelin Identity 2013 Fraud Survey Report, identity theft incidents increased, with the number of victims in 2013 totaling 13.1 million. Additionally, the report notes that 1 in 4 data breach notification recipients became a victim of identity theft.  Lastly, the report recognizes growth in non-card fraud, which nearly tripled in 2013, accounting for $5 billion in fraud. This fraud includes: compromised lines of credit, Internet accounts (e.g., eBay, Amazon) and online payment accounts such as PayPal.

“Identity theft is a major problem that’s only getting worse. We take pride in providing essential services, and fraud protection and support that is now vital for every household. This additional package protects an employee’s entire household and ensures recovery if they are ever affected by fraud,” said Steve Cohen, BenefitMall senior vice president of payroll sales.

Plans include coverage for the employee’s entire household, access to trained fraud specialists, proactive consumer education, document replacement, state of the art fraud and credit monitoring, secure protection of private information, personalized help that cuts through red tape, and follow-up on cases to ensure fraud doesn’t happen again.

“Identity theft has become more intricate, leaving victims alone in trying to repair their reputation and identity,” said Matt Cullina, IDT911 chief executive officer. “The increase in data exposures like the Target breach, puts consumers’ sensitive information at-risk every single day and sometimes for years. BenefitMall has taken an important step in setting the standard for employee benefits providers to offer a timely voluntary benefit to employers and their employees.”

About BenefitMall

Headquartered in Dallas, BenefitMall works with a network of 20,000 Brokers and CPAs to deliver employee benefits and payroll services to more than 200,000 small and medium-sized businesses. By combining payroll and benefits, BenefitMall empowers Trusted Advisors to develop the best employee programs while maintaining compliance with government regulations and health care reform.

BenefitMall is the largest national General Agency. In 2012, the company merged with the second largest privately held payroll company, CompuPay, through equity financing led by Austin Ventures. The merger created an integrated company that is “all together, better.” BenefitMall operates HealthCareExchange.com, the leading online community for information regarding the Patient Portability and Protection Act. More information is available at www.benefitmall.com.

About IDentity Theft 911®

Founded in 2003, IDentity Theft 911 is the nation’s premier consultative provider of identity and data risk management, resolution and education services. The company serves 17.5 million households across the country and provides fraud solutions for a range of organizations, including Fortune 500 companies, the country’s largest insurance companies, corporate benefit providers, banks and credit unions, and membership organizations. A subsidiary of IDentity Theft 911, IDT911 Consulting provides information security and data privacy services to help businesses avert or respond to a data loss incident. Together, the companies provide preventative and breach response services to more than 600,000 businesses in the United States, Canada and the United Kingdom. IDentity Theft 911 is the proud recipient of several awards, including the Stevie Award for Sales and Customer Service and the Parent Tested, Parent Approved award for social networking monitoring tool, SocialScout. For more information, please visit www.idt911.com, www.idt911consulting.com, www.facebook.com/idt911, and www.twitter.com/idt911.