Employee identity theft protection software helps businesses provide their employees with comprehensive identity theft protection. Companies often offer this service to employees as part of their corporate benefits package. Identity theft protection plans may also extend to an employee’s immediate family members.
These solutions monitor employees’ personal information, including social security numbers, medical information, phone numbers, and other personally identifiable information (PII). Employee identity theft protection software monitors the dark web, credit reports, and public records for PII data leaks. Many solutions also offer credit restoration services, lost wallet protection, and identity theft insurance policies. Some employee identity theft protection solutions provide consultation and investigative services as well.
To qualify for inclusion in the Employee Identity Theft Protection category, a product must:
- Proactively monitor an employee’s identity and account information on the dark web, in credit reports, and in public records
- Notify employees when instances of possible fraud or data breaches are detected
- Comply with regulations and standards of evaluating fraud
