Debix Identity Protection Network
Debix the Identity Protection Network has been protecting American consumers since 2004.
Debix Inc., is a privately held firm located in Austin Texas. They were originally financed by Gideon Yu, chief financial officer of Facebook, and Launny Steffens, a former vice chairman of Merrill Lynch. Since then Debix has received a total of $9.3 million from two venture firms, Trellis Partners of Austin, Texas and Merus Capital which is based in Palo Alto, California.
Editor Note: Debix is currently doing business as All Clear ID but it is the same system as reviewed below.
Debix is the company that made headlines when it won the contract to protect the identities of workers and taxpayers in the State of Ohio after a huge data breach. This was a huge coup for the young company as it showed that governments trusted their system and technology over others.
The contract gave Debix instant credibility and they have leveraged this success to become a force to be reckoned with, signing residents of the State of Connecticut and voters in the City of Nashville after they too had significant data breaches. Debix has since become the number one choice for identity theft protection when states, hospitals or any private of public company has a large data breach.
Debix Fraud Defense and Technology
Debix protects consumers by monitoring their credit file at all three credit bureaus and notifying them by phone through their their patent-pending OnCall system when new accounts are opened. They are the only service providing OnCall Credit Monitoring.
Normally with credit monitoring you are sent emails of any changes to your credit file and often you receive many duplicate items or unnecessary information. Consumers familiar with regular credit monitoring services will know this and understand how frustrating it is to get repetitive emails and emails that don’t really mean anything. What sets Debix apart from their competitions that they eliminate the repetitive and non-urgent emails, that generally get ignored anyways, and instead of sending you an email they actually call you. This is how it works.
Debix places their phone number in your credit file and when a change occurs their system automatically routes the call to up to three of your phone numbers. You then pick up the phone and hear a recording of your own voice, called a voice key, so that you know the call is authentic. Don’t worry you record your voice key when you sign up and it’s real simple. If it is you who has applied for the new account or initiated the change in your credit file you simply hit the number 1 on your phone to approve that change.
If it is not you applying for the credit or initiating the change in your credit file you simply hit the star button and that declines the request or shows the change as fraudulent and automatically puts you in touch with a Debix OnCall Investigator, a licensed private investigator in the State of Texas, who helps you notify the appropriate authorities if appropriate and generally works with you to investigate the fraud and put a stop to it.
Another important facet of this system is that it provides an audit trail in the event of a dispute which means that Joes Used Car Lot can’t claim that you approved the car loan when Debix system clearly shows you did not. Also their investigators can often find out how your personal information became exposed in the first place and stop that from happening again, and they will work with law enforcement on the case if needed. Once fraud is discovered and stopped, Restoration Specialists work with you to fully repair and restore your identity to its pre-fraud state.
Debix’s Identity Theft Insurance
Debix identity protection also includes $1,000,000 worth of identity theft insurance which is covered by Lloyd’s insurance. Their Identity Theft Insurance Coverage provides expert assistance and financial relief up to $1,000,000 for expenses like legal defense and lost wages.
Debix is Proven to Work
Debix is one of the only companies that bills itself as the proven identity protection network. They have this advantage because they can actually tell how many customers they have protected or incidents they have stopped where other identity theft protection companies have their systems working in the background not knowing for sure how many people they have protected. Debix alone has protected over 800,000 consumers.
Surveys have shown it takes the average identity theft victim about 600 hours to restore their good name when they don’t have a service like Debix to help them. With approximately 10 million identity theft victims every year, and the exposure of 100’s of millions personal and private records in the last few years alone, we highly advise you to be proactive in your identity protection plan and Debix is a great choice.
When you have a company trusted by two states that combines the best credit monitoring technology with a low price you have a winner and you can see why we have given Debix a very good rating. Debix costs $14.95 per month.
Be safe, be proactive! Take the time to read our reviews of the leading identity protection companies. Links are conveniently located at the top right of every page.