Online Trust Alliance Recognizes LifeLock Security and Privacy Practices
Company Joins Online Trust Audit Honor Roll for Best Practices
TEMPE, Ariz. – LifeLock, Inc. (NYSE: LOCK), announced that it has been recognized by the Online Trust Alliance (OTA) for its security and privacy practices and been named to the 2015 OTA Online Trust Audit Honor Roll. Conducted annually, the Online Trust Audit is a benchmark audit of a company's commitment to security, privacy and consumer protection. It recognizes brands, websites and applications that implement security and privacy practices to help ensure users' data is protected.
"As consumers' digital footprint and data is of increasing value to cybercriminals, qualifying for the Honor Roll represents an organization's commitment to not only help secure their data, but to also to embrace responsible privacy practices," said Online Trust Alliance Executive Director & President Craig Spiezle. "Qualifying for the Honor Roll speaks to LifeLock's pledge to embrace data protection and privacy enhancing best practices."
The Online Trust and Honor Roll Audit is a comprehensive evaluation of a site's and mobile applications best practices in brand and consumer protection, security and privacy. This annual comprehensive audit underscores the importance of continued monitoring of security and privacy practices and the risks of becoming complacent. Now in its seventh year, the 2015 Online Trust Audit Honor Roll expands to a broader set of privacy and security enhancing criteria reflecting input from over 100 companies, consumer advocates and security professionals.
LifeLock's commitment to security and privacy
LifeLock is firmly committed to protecting its members' information through disciplined application of current security best practices. The company continually invests in its people, processes and systems to ensure its members' data is protected against ever more complex and pervasive threats. LifeLock uses multiple layers of security controls and defenses designed to detect suspicious activity and block attacks. It leverages strong encryption technology to protect personal information and financial records and limits the information that its member services agents have access, including financial account and credit card numbers.
In addition to the OTA Online Trust Audit, LifeLock is audited annually by independent experts for PCI Level 1 Merchant and Service Provider, SOC 2 Type 2 and Sarbanes-Oxley compliance. The company performs frequent internal audits and risk assessments that protect our members' data.
Employee training
LifeLock carefully screens and trains all LifeLock employees to make sure its members can feel confident in those handling their data. All LifeLock employees must pass background checks and sign confidentiality agreements, acceptable use policies and Information Security Policy Agreements before they are allowed to access the company's network. Employees are also required to attend security awareness training and technical security training.
About LifeLock
LifeLock, Inc. (NYSE:LOCK) is a leading provider of proactive identity theft protection services for consumers and consumer risk management services for enterprises. LifeLock's threat detection, proactive identity alerts, and comprehensive remediation services help 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.
