Avue® and LifeLock® Move to Protect Federal Agencies from Identity Theft Liability
Federal Employees Invited to Opt-In at No Charge for Coverage
February 13, 2008
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Washington, DC – Avue Technologies and LifeLock® announced today a joint effort to protect Federal Government agencies from liability for identity theft. Avue is the premier provider of human capital technology solutions to the Federal Government and is a certified HR Line of Business Shared Service Center. LifeLock is the nation’s leading provider of identity theft prevention services.
While personal information holders such as credit card companies and employers often purchase credit monitoring or identity theft protection after a personal data loss has occurred, the parties believe this is the first time a company has secured identity theft protection for its customers proactively well before any such loss might occur.
The joint program arises as the loss of “personally identifiable information” (PII) has become a major focal point of data security incidents at Federal agencies. Lost employee and citizen data has driven changes in incident reporting requirements, agency policy on data storage and transmission, encryption, and even has impacted what data will be collected and stored by Federal agencies and contractors. According to the Federal Trade Commission, identity theft is the fastest growing crime in America. A single incident or data breach can cost the Government hundreds of millions of dollars for credit reporting and fraud mitigation
Under their agreement, Avue® will purchase LifeLock® coverage for all full-time employees of Federal agencies that are subscribers to Avue’s human capital automation platform. The coverage will be added to the agency’s subscription to Avue at no extra charge to either the agency or the employee. The employee will merely need to “opt-in” through their normal Avue Navigator® desktop portal to receive LifeLock’s guaranteed protection from credit and identity theft. In the event that a registered employee’s personal identity information is compromised by the Government or any third party, the employee’s credit and identity will already be protected from identity theft.
“Avue prides itself on being the most innovative technology and service partner to our Federal agency clients and are delighted that we are able to bring this unprecedented additional security protection to them, said Linda Rix, Co-CEO of Avue. “We see this program with LifeLock, a great technology innovator in its own right, to be a natural extension of our ongoing efforts to promote the very highest security measures and risk mitigation for our clients and their employees.”
LifeLock CEO Todd Davis said, “We are excited to partner with Avue, the clear leader in providing technology-enabled management services to the public sector, to take proactive identity theft protection to an entirely new level. Given the significant number of reported personal data losses in the Federal Government, we take great satisfaction in this opportunity to bring peace of mind to Federal employees.”
LifeLock provides an array of services designed to prevent identity theft by blocking fraudulent credit applications, and guarantees it will reimburse a member up to one-million dollars for financial losses if a member’s identity is stolen.
Under the Avue program, each employee will be given the option to add their spouse or children to LifeLock coverage at their own expense. When the employee leaves employment with an Avue client, he or she will have the option to continue their LifeLock coverage at their own expense, but at a very favorable rate.
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About Avue Technologies Corporation
Founded in 1983, Avue Technologies is the recognized market leader and technology innovator in public sector management platforms (PS/MP). The company provides the public sector with integrated technology and service solutions that dramatically increase enterprise-wide visibility and management effectiveness, workforce productivity, and manager and worker satisfaction. Avue is a privately held company headquartered in Tacoma, Washington, with offices in Washington, D.C. and Victoria, British Columbia. Learn more about Avue Technologies at www.avuetech.com.
About LifeLock®
LifeLock® (www.lifelock.com) helps consumers to render their personal information useless to thieves, backing up its service with a one million-dollar service guarantee. Famous for its CEO giving out his Social Security Number in advertising and national press, the company is experiencing astounding growth. Located in a secure facility in Tempe, Arizona, LifeLock is a private company backed by Goldman Sachs, Kleiner Perkins Caufield and Byers, as well as Bessemer Venture Partners. Winner of the 2007 American Business Award for the Best Radio Advertising Campaign, LifeLock was a finalist for 10 other ABA awards, including Best New Company and Best New Product/Service. Recently the company was named recipient of the Red Herring 100 Global Award as one of the Top 100 start-up's in the world.

