SYS-CON MEDIA Authors: Xenia von Wedel, Peter Silva, Glenn Rossman, Ava Smith, Elizabeth White

News Feed Item

Newlyweds, New Parents Are Significantly More Likely Than the Average Population to Become Victims of Identity Theft

LifeLock, Inc., today announced new commissioned research conducted by Forrester Consulting about consumer attitudes, behaviors, and exposures related to identity theft. The February 2014 survey revealed that individuals who experience life milestones related to “new beginnings,” including getting married, becoming new parents, buying a home or entering the dating scene, are more likely than the average population to become victims of identity theft.

“Life milestones in this day and age are often accompanied by significant sharing of personal data. Whether you’re getting married or buying a new home, you’re filling out many different forms both digitally and on paper – and you may have very little control over where your highly personal information goes,” said Hilary Schneider, president of LifeLock. “Our research shows that people can take a few simple steps during these moments of time that may help reduce the risk of identity theft.”

Of the life events studied, newlyweds experienced the highest rate of identity fraud and are eight times more likely than the average population to experience identity theft. New parents also face a heightened risk of identity theft at more than five times the average. Both new homeowners and the newly single are almost three times as likely.

The research found that several factors of modern life are driving up the risk of identity theft. First, the proliferation of devices that generate and collect data put people at greater risk because they generate and store more personal information than users realize. Another factor driving risk is the increasing use of online services that collect user data without appropriate levels of governance and security. Additionally, an increase in risky behaviors, including using auto-logins and using the same password for multiple websites, in exchange for convenience is also putting people at risk.

“At the end of the day, the answer to how we respond to this research is not to stop living our digital lives, but to be aware that life’s milestones include a lot of social sharing of personal data and to take simple, but crucial steps to protect our identities,” said Jean Chatzky, personal finance expert and LifeLock educational advisor.

Key recommendations for people living through these unique periods of time include the following:

For newlyweds: Getting married is a good reason to revisit a healthcare plan, especially if one partner has better coverage than the other. Newlyweds are 64% more likely to use online healthcare management services, a behavior associated with greater risk of identity theft. Additionally, those who have experienced identity theft within the newlywed group are almost three times as likely to have experienced medical-related fraud.

For new parents: Paying medical bills, filling out insurance information and securing a birth certificate are all part of having a new baby. All of this personal information getting routed through the system puts new parents at greater risk of identity theft. New parents are almost three times more likely to have health insurance information breached. Many doctor’s offices ask for a Social Security number but don’t really need to use it, so new parents should refrain from sharing this sensitive information if at all possible.

For new homeowners: From small updates and cleaning to major repairs, updating a new home can bring many new strangers in the house. New homeowners are 2.8 times more likely to bring unattended strangers home. New homeowners should make sure to securely store personal information.

For the newly single: Socializing with new people is part of entering the dating scene. It also means sharing personal details. Newly single adults are more likely to participate in risky behavior like using public Wi-Fi and are more connected than the average adult online population, and this increases risk.

About LifeLock

LifeLock, Inc. (NYSE: LOCK), is a leading provider of proactive identity theft protection services for consumers and fraud and risk solutions for enterprises. LifeLock's threat detection, proactive identity alerts, and comprehensive remediation services provide peace of mind for consumers amid the growing threat of identity theft. Leveraging unique data, science and patented technology from ID Analytics, Inc., a wholly-owned subsidiary, LifeLock offers identity theft protection that goes significantly beyond credit monitoring. As part of its commitment to help fight identity theft, LifeLock works to train law enforcement and partners with a variety of non-profit organizations to help consumers establish positive habits to combat this threat.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
"There is a natural synchronization between the business models, the IoT is there to support ,” explained Brendan O'Brien, Co-founder and Chief Architect of Aria Systems, in this SYS-CON.tv interview at the 15th International Cloud Expo®, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
We are all here because we are sold on the transformative promise of The Cloud. But what good is all of this ephemeral, on-demand infrastructure if your usage doesn't actually improve the agility and speed of your business? How must Operations adapt in order to avoid stifling your Cloud initiative? In his session at DevOps Summit, Damon Edwards, co-founder and managing partner of the DTO Solutions, will highlight the successful organizational, process, and tooling patterns of high-performing c...
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
Software-driven innovation is becoming a primary approach to how businesses create and deliver new value to customers. A survey of 400 business and IT executives by the IBM Institute for Business Value showed businesses that are more effective at software delivery are also more profitable than their peers nearly 70 percent of the time (1). DevOps provides a way for businesses to remain competitive, applying lean and agile principles to software development to speed the delivery of software that ...
Docker offers a new, lightweight approach to application portability. Applications are shipped using a common container format and managed with a high-level API. Their processes run within isolated namespaces that abstract the operating environment independently of the distribution, versions, network setup, and other details of this environment. This "containerization" has often been nicknamed "the new virtualization." But containers are more than lightweight virtual machines. Beyond their small...
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
Cloud Expo 2014 TV commercials will feature @ThingsExpo, which was launched in June, 2014 at New York City's Javits Center as the largest 'Internet of Things' event in the world.

ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ --  IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's

An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
Technology is enabling a new approach to collecting and using data. This approach, commonly referred to as the "Internet of Things" (IoT), enables businesses to use real-time data from all sorts of things including machines, devices and sensors to make better decisions, improve customer service, and lower the risk in the creation of new revenue opportunities. In his General Session at Internet of @ThingsExpo, Dave Wagstaff, Vice President and Chief Architect at BSQUARE Corporation, discuss the ...