Boulder, CO – March 17, 2010 – Earlier this month it was announced that LifeLock, an Arizona based identity theft protection company, agreed to settle the charges that it made false claims about its identity theft protection services, for $12 million. (FTC File No.072 306)
“While LifeLock promised consumers complete protection against all types of identity theft, in truth, the protection it actually provided left enough holes that you could drive a truck through it,” said FTC Chairman Jon Leibowitz in a press release. Additionally, LifeLock made claims about data security at its own company that the FTC said were also false. After collecting sensitive data on customers, LifeLock did not encrypt the data and allegedly made the information easily accessible to anyone who wanted access to it. According to the FTC, several hundred LifeLock customers were victims of identity theft, regardless of the guarantees they received.
“This is a perfect example of why people need to take control of their security. It may be convenient to have someone else take care of it, but at what cost?” commented Brad Lever, President and CEO of eCrypt Technologies. “At eCrypt we understand that no one has the same desire to protect your information from unauthorized access as you do. That is why our software puts control in your hands.”
eCrypt Technologies (OTC Bulletin Board: ECRY) came to market with “eCrypt”, an easy to use, true peer-to-peer email encryption software for BlackBerry smartphones that is accessible and affordable, regardless of your status. “eCrypt” enables users to effectively protect the privacy of their wireless email communications. To see how “eCrypt” works, visit eCrypt’s YouTube Channel.
Privacy is your right, protect it with eCrypt.
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About eCrypt Technologies
For more information, visit www.eCryptinc.com, www.YourPrivacyIsOurBusiness.com