The product not only provides protection against identity theft but pioneers in introducing some unique benefits like “Credit Monitoring”, “Identity Theft Help Desk” to the customers.
97 % of Indians have not even heard of Identity Theft. This makes Indians a soft target for Identity Theft. This lack of awareness, combined with the associated lack of preventive and monitoring tools implies an even greater risk.
Most people do not realize that identity theft, credit misdemeanors, malware and other such criminal acts are fast evolving and don’t know how to protect themselves. Identity Criminals’ apply tactics to target online platforms to steal the identity and use it for various activities that can lead to sever financial consequences and losses to the individuals.
Mr. Arun Ramamurthy, Director – Credit Sudhaar stated that “there was a dire need of such product given the severity of growing Identity Theft offences under the Cyber Crime space”.
In fact, Cyber Crime is the fastest growing crime in the world. India is emerging as a soft target for organized cybercrime. Globally over 10 Lakh individuals become victims of Cyber Crime every day.
The product not only provides protection against identity theft but pioneers in introducing some unique benefits like “Credit Monitoring”, “Identity Theft Help Desk” to the customers.