
Identity Theft Protection And Monitoring Services Market
Identity theft is a crime, a type of fraud in which an imposter steals individual information of another person (or a company) and uses it by pretending to be someone else in order to gain some benefit (e.g. money or goods). An identity theft can cause a victim both a financial and emotional damage and also a waste of time and energy needed to avoid consequences of the fraud.The identity theft can also affect companies, causing not only economic but also reputational damages (e.g. the imposter offers lower quality services compared to the ones offered by the original company). Moreover the companies are supposed to protect beyond themself, also their employees, clients and suppliers, and so they are responsible to damages caused to the third parties in a case of bad handling of their sensible data. Depending on a different country the fine for not proper handling such data could be very high. Therefore, in order to prevent that risk, the most important practices are the training of the employees about the risks and manners in which identity theft can be performed, and the countermeasures to adopt. Also it is advisable to have a good information system provided with adequate security and constantly updated.Identities are more valuable than ever. Identity theft protection helps protect potential victims of identity theft. Companies typically offer four different services: credit monitoring, expert support, insurance, and information surveillance via internet and public sources. Through these, companies are can detect identity theft, and mitigate the damage thereof.This report focuses on global and United States Identity Theft Protection And Monitoring Services market, also covers the segmentation data of other regions in regional level and county level. Identity Theft Protection And Monitoring Services market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.Identity Theft Protection And Monitoring Services market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Identity Theft Protection And Monitoring Services market will be able to gain the upper hand as they use the report as a powerful resource.
Major players covered in Identity Theft Protection And Monitoring Services Market are:
- NortonLifeLock
- Experian
- TransUnion
- LexisNexis
- FICO
- Equifax
- Affinion
- Allstate
- Intersections
Market Segment by Type:
- Credit Card Fraud
- Employment Fraud
- Tax-Related Fraud
Market Segment by Application:
- Consumer
- Enterprise
With the Identity Theft Protection And Monitoring Services Market Report, businesses can understand their market and develop sustainable strategies for success.
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