What is IDProtect®?
IDProtect® is a comprehensive identity protection coverage that provides tools for preventing and detecting identity theft, and correcting it should you ever become a victim. IDProtect® is included with all CW Checking accounts.
For 2024, identity theft statistics in the country appear to show another year of ever-increasing cybersecurity issues. This year the FTC received 5.7 million total fraud and identity theft reports, 1.4 million of which were identity theft cases. The median loss of fraud cases for victims is about $500 and total losses are estimated to be $10.2 billion.
The need for identity theft protection is increasing. Keeping yourself and your family protected from fraud and loss is possible with a CW Checking.
What Detection Methods Do We Use?
Credit File Monitoring
Upon activation, you will receive daily credit file monitoring and automated alerts of key changes to your Equifax credit report. You can elect to receive email or text notifications whenever a change takes place.
Credit Reporting3
With IDProtect® you can review a NEW Equifax credit report every 6 months or view your score monthly upon opening an identity theft resolution case. This will help you monitor any changes in your credit history.
Identity Monitoring
We will monitor over 1,000 databases & public records for changes or use of your personal information. Simply activate your coverage to be protected.
What Correction Devices Do We Deploy?
Debit and Credit Card Registration
By registering for IDProtect® you also have the option to register all of your credit, debit, and ATM cards. You can rest easy knowing that in the event that your cards are lost or stolen you can make one toll-free phone call to cancel and request replacement cards.
Fully Managed Identity Theft Resolution Service
You are provided access to a dedicated consumer fraud specialist, who will be assigned specifically to your case, and will work with you until your identity is completely restored.
Fraud Expense Reimbursement Coverage2
Receive up to $10,000 to help pay expenses, clear your name, and restore your identity, should you become the victim of identity fraud.