Experian (200)Experian and BillGuard collaborate to transform data breach response with launch of an active fraud surveillance and identity theft resolution offering ProtectMyID® now includes payment card fraud monitoring at consumers’ fingertips with the BillGuard mobile app

With the explosion of payment-card data breaches last year, Experian Data Breach Resolution has enhanced its award-winning active fraud surveillance and identity theft resolution product, Experian’s ProtectMyID®, by collaborating with BillGuard, a leading card fraud monitoring mobile application.

With this extra layer of protection, breached organizations offering ProtectMyID to their affected customers, employees and patients are providing the most comprehensive product in the market for any kind of data breach, including exposure of Social Security numbers or credit-card and debit-card numbers.

Members of Experian’s ProtectMyID can now download the BillGuard mobile app and access both their ProtectMyID alerts and BillGuard features within the BillGuard mobile app.  Named one of the Best Apps of 2014, BillGuard is available for download for iPhone® and Android™ devices via the Apple App StoreSM or Google Play™ store.

About Experian Data Breach Resolution
Experian Data Breach Resolution, powered by the nation’s largest credit bureau, is a leader in helping businesses plan for and mitigate consumer risk following data breach incidents. With more than a decade of experience, Experian Data Breach Resolution has successfully serviced the largest U.S. data breach in history and some of the highest-profile breaches in the retail and government sectors. The group offers swift and effective incident management, notification, call center support and fraud resolution services while serving millions of affected consumers with its proven identity theft protection product,  ProtectMyID®.  In 2013, Experian Data Breach Resolution received the Customer Service Team of the Year award from the American Business Awards. Experian Data Breach Resolution is active with the International Association of Privacy Professionals, the Health Care Compliance Association, the American Health Lawyers Association, the Ponemon Institute RIM Council and InfraGuard and is a founding member of the Medical Identity Fraud Alliance. For more information, visit www.experian.com/databreach

About BillGuard
From BillGuard: BillGuard is the leading personal finance security company, empowering consumers to better protect and control their financial lives. BillGuard’s proprietary transaction monitoring technology pioneered the use of crowdsourcing and big data analytics to help consumers detect the $8 billion in fraudulent payment card charges missed by banks each year, as well as unwanted charges and billing errors. Downloaded over a million times in just its first year, BillGuard’s 5-star rated mobile app has won almost every industry award in its category, including being named one of the top banking innovations of all time by Online Banking Report. The company was founded in 2010 and has offices in New York City and Tel Aviv. BillGuard is backed by some of the world’s top venture investors, including Bessemer Venture Partners, Khosla Ventures, Peter Thiel’s Founders Fund, Eric Schmidt’s Innovation Endeavors, IA Ventures and SV Angel. For more information, visit https://www.billguard.com.

Source:  Money.cnn.com/news