Revolutionary Data Breach Response and Business Identity Theft and Fraud Solution Announced

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Merchants 100 Year Seal

SafeBiz is the first comprehensive BusinessID Theft program in the United States that will help mitigate small business risk.

Chicago, IL (PRWEB) June 18, 2014

FoodService Industry Risk Management Association - Merchants Information Solutions, Inc. (Merchants) a leading provider of cost-effective Identity Theft Protection and Restoration Solutions has announced the launch of SafeBiz – a comprehensive fully-managed Business ID Theft and Fraud Recovery Service, in response to the increasing epidemic of criminals stealing business identities.

According to Russ Johnson, President & CEO of Merchants, SafeBiz is the first comprehensive Business ID Theft program in the United States that will help mitigate small business risk by offering four critical business ID Theft and Fraud services including:

•     ID Theft Recovery Employee Benefit – fully managed identity recovery services for up to 100 owners/officers and employees AND their family members (3 generations)
•     Data Breach Response – comprehensive response including notification and recovery for up to 100,000 employees
•     Business Fraud Remediation – including investigation and resolution of business fraud and identity theft using the business name or other business credentials
•     Business Account Monitoring -- daily monitoring of the business’s primary account to try to detect compromise or misuse before fraud occurs

SafeBiz is designed to respond to fraud that involves the use of a company’s name, address, tax identification number, bank accounts, credit cards, business credit information, purchase orders and other identifying information without the knowledge or consent of the business principals.

Because of the focus on consumer rights, businesses affected by ID Theft have considerably less protection than individual victims of Identity Theft. And yet the effects for a business can be more dramatic.

One of the primary components of SafeBiz is to provide a small business access to high-quality professionals that they can’t afford to have on staff who will provide immediate response to identity theft and breach issues that pose a threat. The Business Recovery Advocates, who are trained in Business ID Theft and Fraud Recovery, will research all identity fraud incidents and work with creditors, government agencies, and business credit reporting services for the misuse of a company’s name, tax identification number and other company identifiers.

The Business Recovery Advocates will also work with the individual principals and officers of a small business, to provide personal ID Theft recovery services – since the personal credit of many small business owners is directly related to the business entity.

Mark Pribish, VP & ID Theft Practice Leader for Merchants said that, “Small businesses are more at risk than big businesses, because of limited financial and information technology resources. SafeBiz will allow small business executives to focus on making their business successful as opposed to being distracted by the challenges of recovering from a Business ID Theft and Fraud event.”

About Merchants Information Solutions:
Merchants Information Solutions, the exclusive provider of the Merchants Pre-employment Integrity Test which is proven to reduce worker compensation rates an average of 60%, is a national leader in background screening for employers and residential communities as well as a leader in ID Theft Restoration Affinity programs. Honored to have as company national spokespersons Jerry Colangelo and Harvey Mackay, Merchants was founded over a century ago and is dedicated to delivering world-class identity theft and background screening solutions. Merchants is the only NATIONAL SINGLESOURCE PROVIDER of all recognized background screening tools and services for employers and multi-housing communities. http://www.merchantsinfo.com

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