Naveen Jain: Confronting Identity and Information Theft
at 9:15 am on Thursday, 4 June 2009
Technological advancement has brought its share of disadvantages. It has made the spread of identity theft and illegal information acquisition rapid and easy. At a glance, America is plagued with identity theft, the country’s fastest growing crime. Last year, nine million people had fallen victim to ID theft. On the average, it takes 163 days before a victim could even know that he or she was defrauded and these cases tend to cost an average of $12,646 a year.
Fortunately, online information broker Intelius and its CEO Naveen Jain have developed tools and technologies to counter this threat. It is currently one of the leading information and security providers in the industry, delivering reliable and current information to empower consumers to make intelligent decisions. It also leads in identity theft and prevention, launching its breakthrough product IDWatch, which alerts clients at real time speed of any suspicious activity regarding their identity. For only $8 a month, you are guaranteed identity protection along with $25,000 insurance.
Intelius’ IDWatch received recognition in the Best New Product or Service category during the American Business Awards and the WSA Industry Achievement Awards for its proactive identity theft detection, prevention, and insurance service.
Naveen Jain built the company in 2003 as an answer to the growing need of individuals and businesses for protection and security. Through the information it provides, assumptions become wise decisions; uncertainty turns to peace of mind.
Ernst & Young Entrepreneur of the Year finalist Naveen Jain continues to steer the firm into developing the most innovative technology to combat security and protection threats. Intelius provides background checks, pre-employment screening services, and people lookup services in addition to identity theft prevention. The widespread use of Intellius’ services has made the firm’s site one of the top 100 most trafficked on the Internet, according to comScore/Media Metrix. Its remarkable growth made it an Inc. 500 company and one of the 500 Technology Fast Companies according to Deloitte and Touche.
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