Home » Industry » Data Protection » LifeLock Provides Identity Protection Tailored for Aging Parents

LifeLock Provides Identity Protection Tailored for Aging Parents

LifeLock® Senior identity theft protection empowers its members to actively monitor threats to their senior parents’ identities, and receive support if needed

LifeLock, a Symantec (Nasdaq: SYMC) company and a leading provider of proactive identity theft protection services, launched an identity protection product, LifeLock®Senior, tailored to help adult children protect their senior parents from identity theft.  Built with easy-to-set-up permissions, LifeLock Senior allows both the senior member and their adult child the ability to receive potential identity threat alerts††, from financial to criminal.

There’s a new victim of identity fraud every two seconds, according to Javelin Strategy & Research, identity theft is a serious problem for many consumers. Over 15 million consumers lost $16 billion to identity fraud in 2016. [1] Additionally, people 50 and older made up 40 percent of all identity theft complaints in 2016. [2]

Together, the LifeLock and Norton brands are redefining what it means to be safe in a connected world. The innovative Symantec brands offer consumers comprehensive protection that helps safely connect people, information and things – everywhere – beyond the device and into the cloud.

Another feature of LifeLock Senior identity protection is the ability for adult children, with permission from their senior parents, to view their parents’ banking activity. The LifeLock member portal provides visibility across financial accounts, giving the adult child a dashboard of their senior parents’ banking transactions where they can actively monitor potential identity threats.

[1] 2017 Identity Fraud Study, Javelin Strategy & Research.

[2] Federal Trade Commission, Consumer Sentinel Network Data Book for January-December 2016. Percentages based on those who provided age (96%)

† LifeLock Senior plan is available for purchase by individuals for their parent(s) aged 55 and older.  ID Remediation may require your parent’s involvement.

†† LifeLock does not monitor all transactions at all businesses.

Source: LifeLock Press Release

Leave a Reply