Friday, February 24, 2012

Identity Theft Protection - Fri Feb 24, 2012


Credit-card ID group CPP makes lifesaving deal with watchdog
Evening Standard
Credit card and identity theft protection group CPP has reached a deal with the FSA over mis-selling policies which could stop it going under. But its shares remain suspended, it will not pay a dividend and could still face a substantial fine from the ...
FSA agreement offers lifeline to CPP
Financial Times
The credit card and identity theft specialist, which has 4.5m policyholders in Britain, has agreed to contact all customers who have been directly sold its identity protection products in an effort to unearth cases of mis-selling.
Be wary of 'fast' tax refunds, warns Somerset Consumer Protection division
NJ.com
During the week, groups nationwide share tips and information that help consumers protect their privacy, manage money and debt, avoid identity theft and avoid frauds and scams. “With the tax season upon us, our Consumer Protection Division is ...
LifeLock taps SeQuel Response as direct mail agency of record
DM News
Identity theft protection company LifeLock has selected SeQuel Response as its agency of record for direct mail campaigns, said Erick Dickens, LifeLock's director of product marketing. SeQuel will work in conjunction with LifeLock's lead AOR McCann ...
Understand and protect your online privacy
Hindustan Times
The term identity theft was coined in 1964, however it is not literally possible to steal an identity-less ambiguous terms are identity fraud or impersonation. When you're buying online, it can sometimes be hard to tell whether you're dealing with a ...

Troubled credit card insurer CPP agrees FSA review but warns of £15m cost
The Guardian (blog)
Its shares were suspended on Monday at 103p after the FSA said it had serious concerns about the way customers were sold identity theft and card protection policies. CPP has been under investigation by the regulator since last March.
CPP to take £10m-£15m hit and forgo dividend after deal with FSA
This is Money
The FSA has expressed 'serious concerns' that the York-based group's theft and identity fraud protection policies subjected customers to high-pressure selling and insured them for losses already covered by their banks. CPP, which employs 1300 in the UK ...


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