Intelius, Co-Founded by Naveen Jain, Provides a Year of Identity Theft Protection to 26.5 Million Veterans at Risk Due to Security Breach

On May 24, 2006, Intelius announced that it would offer its proactive identity theft prevention service, IDWatch, to the 26.5 million veterans whose identities could be stolen using the personal information taken in a burglary of a laptop belonging to the Department of Veteran Affairs. The year’s worth of protection, with a typical fee of just under $100, will be available to veterans for $19.95. This rate represents an 80% discount.

Chairman of the Board for Intelius, Admiral Bill Owens, expressed the following sentiment: “It is unsettling to learn that millions of our Armed Forces veterans’ identities may be at increased risk of identity theft.” Intelius has dedicated years to developing the technology needed for identity theft monitoring to mitigate the risk of identity theft before, during, and after situations such as the security breach at the Department of Veteran Affairs.

Former US Air Force Captain Jack Dein concurs – “Intelius offering such a deep discount on IDWatch is a much-needed show of support for millions of Armed Forces veterans in light of the recent events. By signing up for this service, I have regained peace of mind about my identity, and I’ll sleep better tonight.”

“When the news broke Monday regarding the possibility that 26.5 million US veterans were at risk for identity theft, our immediate reaction was to find a way to help,” stated Naveen Jain, CEO of Intelius. Intelius extended its services to the Department of Veteran Affairs and made arrangements to offer its IDWatch product at a discount to those affected. Intelius has expressed both pride in those serving in the military and as hope that such a gesture would provide peace of mind to those concerned about identity theft, given the circumstances.

A group of visionaries from InfoSpace and Microsoft began Intelius in 2003 to empower customers with information for intelligent decision-making. This group included Intelius CEO Naveen Jain. IDWatch, one of Intelius’ award-winning services, monitors customers’ personal, professional, and financial data. It also provides real-time alerts to potentially fraudulent activity via email. Customers also receive an identity report, consisting of information from public records, commercial records, and credit reports. A change to any of the aforementioned information serves as an early signal of identity theft, and the customer receives prompt email notification. Additionally, IDWatch monitors the black market and online forums for the sale, trade, or use of customers’ identity–related information, and alerts customers if such information appears in these venues. Should someone attempt to sell identity-related information, the alerts will be very useful to those affected by the recent breach.

Naveen Jain & Intelius In the News

Intelius, co-founded by Naveen Jain, often appears in the news. The following represent a sample of the news coverage of Intelius. Naveen Jain leads Intelius as its CEO.

MSN Money, an online financial information portal, uses Intelius' services to research its articles. For example, Michael Brush authored "CEO mansions: A stock indicator?" and referenced Intelius as the source for the data on home values for David Perdue of Dollar General. The article also cites Intelius as having "extensive national records of real estate transactions - all part of the public record..." Naveen Jain co-founded Intelius to provide the integration of intelligent information.

JournaMarketing published an article entitled, "Intelius blog is journalism first, marketing second." The article also referenced Easton Ellsworth's review of the Intelius corporate blog. JournaMarketing states, "So they're using their blog to explain some of those complicated issues. It's really nothing more than journalism. There's no overt sales pitch for Intelius." [italics theirs] The article states that by spending time now to develop a record of information about helping people track down public information, Intelius, co-founded by Naveen Jain , can develop referral traffic and a better online reputation among those who might use the services offered by Intelius.

Easton Ellsworth of Business Blog Wire reviewed Intelius' Company Blog as part of the Corporate Blog Review. Ellsworth comments that Intelius' blog has "the potential to blossom into an excellent conversation vehicle for Intelius." At the point that Ellsworth was reviewing the blog, the number of comments outnumbered the number of posts, to which Ellsworth noted that "It's great to see a mix of authors here." The authors include CTO Kevin Marcus, Executive VP Edward Petersen, as well as staff. Naveen Jain, CEO and co-founder of Intelius , leads the company.

Forbes profiles Naveen Jain as part of its Forbes 400 . In addition to information about his net worth, the profile includes biographical and educational background information about Naveen Jain.

Rediff On The Net published an article about Naveen Jain and his perspective on starting the company InfoSpace after Jain left Microsoft. Jain's passion and aggression for success drives him and his ventures to success.

The Stevie Awards provides a monthly update for senior executives called the CXO News. CXO News includes a profile of Naveen Jain because his company, Intelius, won a Stevie Award for Best New Company in the 2006 American Business Awards.

Summit 4Mobility looks to the expertise of "A" List CEOs in the fields of wireless data and internet. Included on this list, Intelius, Inc.'s Naveen Jain . Jain will deliver the keynote address for this professional conference.

Time, Inc.net and Business 2.0 published a feature about Naveen Jain entitled, Naveen Jain Is the Greatest High-Tech Entrepreneur of All Human History (And if you don't believe it, just ask him.)

Washington Post's Leslie Walker provides an article about identity theft and Naveen Jain, founder of Intelius, and his efforts to help people protect themselves from becoming victims of information thievery.

BusinessWeek provides a profile of Naveen Jain as part of its BW E.BIZ: Movers & Shakers series. The article discusses Jain's company taking the content it already provides and making it available wirelessly.

Chatbus.com is a Naveen Jain website. Naveen Jain works with information technology. Naveen Jain led InfoSpace before co-founding Intelius. Naveen Jain co-founded Intelius with others from Microsoft and InfoSpace. Intelius, with Naveen Jain as its CEO, provides intelligent information for everyday decisions. Naveen Jain is a 1979 graduate of the Indian Institute of Technology.