LifeLock, a Symantec company has launched an identity protection product, LifeLockSenior, tailored to help adult children protect their senior parents from identity theft. Built with easy-to-set-up permissions, LifeLock Senior allows both the senior member and their adult child the ability to receive potential identity threat alerts, from financial to criminal.
“Identity theft can affect anyone, but seniors could be prime targets, as they may be more trusting, and digitally less experienced,” said Dev Patel, Senior Vice President of Products and Technology at LifeLock. “As adult children, we often worry about caring for our senior parents. LifeLock Senior is a solution that can actively monitor threats to your parents’ personal information and send both of you alerts if there’s something suspicious, giving peace of mind in an always-connected world.”
There’s a new victim of identity fraud every two seconds, according to Javelin Strategy & Research, identity theft is a serious problem for many consumers. Over 15 million consumers lost $16 billion to identity fraud in 2016.  Additionally, people 50 and older made up 40 percent of all identity theft complaints in 2016. 
Together, the LifeLock and Norton brands are redefining what it means to be safe in a connected world. The innovative Symantec brands offer consumers comprehensive protection that helps safely connect people, information and things – everywhere – beyond the device and into the cloud.
“Home ownership in many cases can represent someone’s life savings, so it’s important to protect and help alleviate worry. That’s one reason we included home title monitoring as a key feature of LifeLock Senior,” continued Patel.
Another feature of LifeLock Senior identity protection is the ability for adult children, with permission from their senior parents, to view their parents’ banking activity. The LifeLock member portal provides visibility across financial accounts, giving the adult child a dashboard of their senior parents’ banking transactions where they can actively monitor potential identity threats.
A few key protections offered in LifeLock Senior, which is available to those ages 55 and over, include:
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