Identity Force, ID Analytics reach reseller pact
- By David Hubler
- Oct 31, 2006
Identity Force, a Framingham, Mass.-based provider of identity theft solutions, and ID Analytics, an identity risk management technology company based in San Diego, today announced an agreement that will make Identity Force a government reseller of ID Analytics' breach analysis services.
Identity Force is one of three companies that has been awarded a blanket purchase agreement by the General Services Administration to provide credit monitoring and identity theft protection services to the government.
As a result of the new partnership, ID Analytics' services will be available from Identity Force in determining whether compromised data is being misused in an organized way.
'Our partnership combines Identity Force's leadership in helping government agencies combat identity theft with ID Analytics' unique ability to evaluate the actual threat level of data breaches,' said Bruce Hansen, chairman and CEO of ID Analytics, in the announcement.
Hansen said, 'When fraudsters use stolen identity information for financial gain, they typically leave tell-tale signs that are detectable only through the ID Network.'
He explained that fraudulent persons may change addresses or phone numbers when they use compromised identities to open bank accounts, obtain mobile phones or secure credit cards. Through careful analysis the identities of individuals who were part of the same breach may start to relate to each other in suspicious ways, he added.
'By applying deep analytics across multiple companies and industries, we are able to identify systematic misuse of data sets,' Hansen said.
ID Analytics' breach analysis services compare an attacked file against data in the company's ID Network, a real-time identity fraud prevention system that searches for patterns of organized or systematic misuse.
The ID Network comprises more than three billion identity elements spanning the financial services, telecommunications, e-commerce, health care, utilities, retail, government and consumer sectors.
Hansen said the resulting evaluation gives agencies a true understanding of the real risks associated with their particular data breach as well as an assistance plan to protect any affected individuals.
ID Analytics can also produce a list of affected identities along with details on the patterns of misuse. A breached organization can then deliver victim assistance directly to those that need it. Information discovered during analyses can be turned over to law enforcement to help apprehend individuals who misuse identities.
Steven Bearak, CEO of Identity Force, said: 'ID Analytics' services are a perfect addition to our offerings. With this powerful service, our government customers can analyze a data loss or breach to establish the level of risk involved, and design a rapid response program that is both affordable and appropriate for the situation.'
David Hubler is the former print managing editor for GCN and senior editor for Washington Technology. He is freelance writer living in Annandale, Va.