Provide Employees with Identity Theft Coverage for Personal Data Security

Offer No Cost Identity Theft Protection to Your Employees
Providing your employees with identity theft protection as a no cost benefit is a great way to standardize protection for the inevitable occurrences of data breaches with benefits vendors. Its not a matter of "if" but "when" such an event will occur. So, being proactive by offering such a benefit will help minimize the noise throughout your organization and provide access to experts to support employees giving them peace of mind.

Data Breaches Have Become a Regular Occurence
Unfortuately, it has become too commonplace for all of us to receive multiple communications about data breaches throughout the year. When you are informed, the letter sounds like one I recently received:

NOTICE OF DATA BREACH

XYZ company writes to inform you of a data security incident that may have involved some of your personal information.

Although we have no evidence at this time that your information has been misused for identity theft or fraud as a result of this incident, we are contacting you to explain the circumstances of this event, and to provide information about the service we will provide to help protect yourself.

Data Breaches Create Extra Work for HR-Benefits Staff
While no data breach is good, they are especially bothersome for an HR-Benefits group when the breach involves a health benefits vendor as was the case with the Change Healthcare cyberattack in February 2024. 

Employees first hear about it through social media or with a letter sent to the home, then they begin calling HR about the issue, and the HR staff has a fire drill to provide a corresponding, enterprise communication speaking to the issue. All you hoped to get done that day has been thwarted by bad actors somewhere in the world creating uncertainty for your employees.

Credit Monitoring Services Don't Provide Comprehensive Coverage
While every company that reports an attack must provide some type of credit monitoring coverage for a certain duration of time, every affected vendor is not going to use the same one. And, more likely than not, your employees won't use it. However, if they do end up with an identity theft issue, they are going to be working to resolve the issue during business hours.

IDShield Offers the Coverage and Support Employees Need
Your organization needs to offer IDShield as a company-paid benefit to your employees. Not only will it streamline your efforts to protect employees from data theft, but it can be offered as a tax-free benefit. (Always consult with legal counsel regarding taxation topics.)

For more information about offering IDShield as a potential tax-free benefit, go to LegalShield and IDShield for Employee Benefits and scroll down to the IDShield section.

Offer Employees Option to Upgrade Coverage to Include Family
Consider offering employee only coverage at no cost to everyone with the option to upgrade their coverage to family if they so desire.

Lets Discuss Your Options
Lets schedule some time to discuss offering this coverage to your employees. More information can be found here:

IDShield Identity Theft Plans

Coverage Comes with MEMBERPerks Discount Program
When you enroll your employees in an IDShield Identity Theft Plan, they automatically receive access to MEMBERPerks, providing access to hundreds of national and local merchants offering thousands of discounts on everyday purchases.

Click the link above to learn more.