Magnolia Federal Credit Union today announced their expanded partnership with CyberScout™ , the nation’s premier identity management and data risk management services provider. A partner since 2008, Magnolia Federal Credit Union will begin offering three new robust identity management service packages that include LifeStages® Identity Management Services, FraudScout® credit and fraud monitoring, and identity theft reimbursement insurance. The services can be purchased for a small monthly or annual fee.
As identity risks continue to change, Magnolia Federal Credit Union’s members can rest assured knowing they have access to services that help them navigate emerging identity risks like phishing scams, medical or email account compromise, tax related identity theft, and data breach exposures. Additional services like credit and non-credit information monitoring and identity theft reimbursement insurance add to the already sound peace of mind members and employees can enjoy by taking advantage of these services.
“During the past seven years of being partners, it’s become apparent that CyberScout is a leader in identifying new identity threats,” said Steve Pollman, president and CEO, Magnolia Federal Credit Union. “We’re thrilled to offer even more protection and services to our members and employees to keep them aware and help them through any identity exposures or theft.”
More than just detection and reactive monitoring, LifeStages provides consumer education, advocacy and guidance 24/7. From a lost wallet to stolen documents to assistance with social media privacy settings, CyberScout provides personalized service to help members manage their identities throughout life.
FraudScout monitors a full-range of credit and non-credit information that’s used to commit fraud. It scours public and private databases, and the Internet black market for the presence and possible misuse of member identities and credit data. If FraudScout detects potentially unscrupulous activity, consumers receive an alert followed by access to 24/7 full resolution support from CyberScout experienced fraud specialists who will help them every step of the way.
Lastly, identity theft reimbursement insurance will compensate members for various expenses associated with repairing their identity, like legal fees, lost wages, and more.
To learn more about Magnolia Federal Credit Union’s services, visit http://www.magfedcu.org or call (601) 977-8300.
To learn more about CyberScout, visit www.CyberScout.com or call (888) 682-5911.
CyberScout™ is the leading provider of services that help businesses and their customers defend against data breaches and identity theft. CyberScout’s unique approach—delivering proactive protection, preventive education, and swift resolution—offers unrivaled support for more than 660 client partners and 17.5 million households. With its wholly owned subsidiary, CyberScout Consulting™, CyberScout delivers information security and data privacy expertise to help businesses avert and respond to data loss. Based in Scottsdale, Ariz., the company has several locations in the U.S. and Canada, as well as in Ireland to serve partners in Europe.
About Magnolia Federal Credit Union
Magnolia Federal Credit Union (formerly Jackson VA Federal Credit Union) is a not-for-profit financial cooperative established in 1935. Headquartered in Jackson, Mississippi, Magnolia currently serves over 21,000 members with assets of $133 million and operates five branches located in Jackson, Brandon, Madison, and Yazoo City, Mississippi. Membership is open to anyone living, working, attending school, worshiping, or volunteering in Hinds, Madison, Rankin, Simpson, Copiah, Leake, Yazoo, or Northern Scott County in Mississippi. For additional information about Magnolia, visit www.magfedcu.org or call (601) 977-8300. Connect with us on Facebook: www.facebook.com/MagnoliaFederalCreditUnion or Twitter: twitter.com/magfedcu.