More employees are likely to see a timely new offering when they choose their benefits in a month or so—identity-theft protection. About 35 percent of companies offered it in 2015, global advisory firm Willis Towers Watson has reported, and 70 percent have said it could be on their benefits menu by 2018.
The huge data breach at Equifax Inc. is accelerating that timetable. Interest in adding the service as part of a voluntary benefits plan was already on the rise over the past few years, courtesy of the massive Anthem data breach in 2015, among others. But that’s nothing compared with this latest credit bureau disaster.
“Over the last two weeks or so—oh my word,” said Amy Hollis, national leader-voluntary benefits at Willis Towers Watson. “The entire paradigm of how employers are viewing identity theft has just shifted.”
Now, some employers that planned to offer it next year are trying to shift it this year, she said, making it one of the fastest growing plan options.
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1 comment:
Honestly they should make it easier for citizens to monitor their credit themselves, without having to pay people to do it for you. There are 4 agencies you have to contend with which is complete BS. Since no one has the ability to properly protect my data, including hospitals, IRS, healthcare companies and providers, retail shops, then I should have the ability to have some control over the situation.
I should be able to easily and readily view my credit file, without hassle, AT ANY TIME, since it is obvious they are negligent.
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