TEMPE, AZ - December 17, 2007 - Today, LIFELOCK CEO Todd Davis announced that LifeLock has been selected as the Identity Theft Prevention Service for the employees and account holders of Illinois State Bank.
"We are excited to be one of the quality services offered to the employees and account holders of Illinois State Bank," said Davis. "It's very important for everyone to think about securing their personal information, but it's great to see organizations like Illinois State Bank taking a lead role in the fight for its customers and employees."
As the leader in identity theft prevention, LifeLock enables "locks" by setting and automatically renewing fraud alerts with the major credit bureaus, removing member names from pre-approved credit card offers and junk mail lists and guaranteeing the service with a $1 million service guarantee.
Last February, the Federal Trade Commission (FTC) released its annual report highlighting that for the seventh consecutive year, identity theft tops the list of consumer complaints. More than 246,000 complaints were filed in 2006, a number that experts believe is vastly underrated due to the number of complaints that go unreported. In 2006, identity theft cost Americans $1.1 billion dollars, the highest amount ever.
"Whether helping families handle their day-to-day finances, purchase a new home, invest for retirement, or helping small businesses grow, we remain committed to our customers, giving them more than they expect," said Chet Ward, President of Illinois State Bank. "Adding LifeLock to the services we offer is a perfect example of Illinois State Bank finding the best industry answer to a national problem."
LifeLock (www.lifelock.com) helps consumers to render their personal information useless to thieves, backing up its service with a one million-dollar service guarantee. Famous for its CEO giving out his Social Security Number in advertising and national press, the company is experiencing astounding growth. Located in a secure facility in Tempe, Arizona, LifeLock is a private company backed by Kleiner Perkins Caufield and Byers as well as Bessemer Venture Partners. Winner of the 2007 American Business Award for the Best Radio Advertising Campaign, LifeLock was a finalist for 10 other ABA awards, including Best New Company and Best New Product/Service. Recently the company was named recipient of the Red Herring 100 Global Award as one of the Top 100 start-up's in the world.
Illinois State Bank (www.illinoisstatebank.com) is a division of North Shore Bank, which is headquartered in Brookfield, Wis., was founded in 1923 and has assets of $1.7 billion and 42 offices throughout eastern Wisconsin and northeastern Illinois.
with the most advanced Identity Theft Protection system available!