A federal judge has granted final approval to a settlement between Countrywide Financial Corp. and millions of customers left at high risk for identity theft due to a security breach.
Now owned by Bank of America, Countrywide will now provide free credit monitoring for up to 17 million people whose financial information was exposed. The group includes those who obtained a mortgage with and those whose mortgages were serviced by the company.
For those whose identity was stolen as a result of the breach, reimbursements could be as high as $50,000.
For those who are LifeLock Command Center™ customers, if a situation such as this one arises, you can breathe easy. In addition to eRecon™, which monitors the Web for the illegal selling or trading of your personal information, LifeLock customers can also get Personal Breach Detection ™ services, which monitors the unregulated Internet and file sharing networks for your identity information. If LifeLock finds you are at risk, you’ll be notified immediately by e-mail and you’ll be protected against accidental personal information disclosures.
According to some sources, the number of personal records that were exposed by hackers last year rocketed up to 220 million, compared to 35 million in 2008. That’s the largest collection of lost data on record.
The most frightening thing is that many of these data breaches never get reported, and the people whose data is lost never know about it. Their personal information could be at risk – and they wouldn’t even be able to take action to protect it.
That’s where LifeLock comes in. If you’re a LifeLock customer, you won’t have to scramble to take care of your personal information. And if you don’t know it’s in jeopardy, you’re covered.
Call LifeLock today.
Receive 30 days free and get a 10 percent discount on enrollment with the LifeLock Promo Code “Defense.”
