THE VERO DIFFERENCE
Identity Theft Data Breach
Protection Benefits
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Vero offers a full suite of identity theft and data breach protection strategies that provide unparalleled value, peace-of-mind protection, and excellent recurring non-interest income.
RETAIL CHECKING STRATEGIES
FOR YOUR MEMBERS
Increase member value, loyalty and engagement while driving non-interest income.This low-cost member benefit solution delivers modern perks and checking strategies powered by innovative technology bringing a truly seamless experience tailored to meet the Member where and how they bank. Vero's Retail Checking Strategies come with flexible branding options, a dedicated benefits website, and customized marketing for your Credit Union.
SEAMLESS IMPLEMENTATION AND MANAGEMENT
Designated project manager & account manager, and in-house recovery advocates
CONSUMER LIFESTYLE BENEFITS
Cell phone protection / insurance, everyday savings, free Telehealth access
IDENTITY PROTECTION BENEFITS
Fully Managed ID Theft Resolution VPN encryption Services, and your choice of credit file monitoring, dark web monitoring, identity monitoring, with up to $25K in ID theft expense insurance
ENHANCED CHECKING TECHNOLOGY
Customized mobile app, online banking integration, automatic enrollment for credit related services, and much more!
ELDER ID THEFT
PROTECTION |
FOR YOUR SENIOR MEMBERS
Vero’s ElderIDPro is a proactive service that provides Identity Theft Fully Managed Recovery (FMR) for members 60 years and older. This unique solution acts on an elder member’s suspicions and provides a true safe haven of support when it appears ID theft or fraud is threatening their security and they don’t know who to trust.
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Supports elder abuse state laws
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Provides more value to elderly members
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Addresses any suspicious elder abuse
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Part of a total cyber security strategy that typically includes the embedding of ID theft services with other CU services to support various groups of members
DATA BREACH PROTECTION |
FOR YOUR BUSINESS MEMBERS
We provide a customized data breach solution to help you serve your Business Members in responding to any data breach incident. Our Data Breach Protection Solutions (VBiz) will reduce breach risks and costs while bringing peace of mind to your Credit Union and all individuals (victims) who have been affected by a data breach event. Similar to the Retail Checking Strategies, the VBiz program is incorporated into your Business Checking Services, thus generating reoccurring non-interest income. Services provided to your Business Members include:
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Complete data breach training and response plan
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Mobile phone coverage for damage, malfunction and theft
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Access to attorneys at no cost for daily business needs
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Also included are identity theft protection and access to 24/7 telehealth physicians for up to 100 employees
DATA BREACH
DEFENDER
FOR YOUR CREDIT UNION
Vero's Data Breach Defender can complement your Credit Union's cyber insurance policy and complete your risk management strategy. This program includes:
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Professional data breach training for your staff
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Expert advice on pre-planning for a response
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Easy-to-implement template for a Data Breach Response Plan and we'll help you execute when a data breach strikes
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Supports risk management, compliance, and cyber security preparedness...The Ultimate Safety Net
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Also included is identity theft protection for your employees and board of directors
ID THEFT PROTECTION BENEFITS
FOR YOUR EMPLOYEES & BOARD
Vero's ID Theft Solutions helps protect your executives, employees, and board of directors' identities in a digital world that has fostered increasing risks & financial threat.
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Packaged options include: VPN encryption Services, Bundled Monitoring of Credit and/or Dark Web and Mobile Phone Insurance
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Easy digital access to all services via phone, tablet, or computer
FULLY MANAGED RECOVERY:
WHITE GLOVE, BEST-IN-CLASS, 100% SUCCESS RATE
Our Fully Managed Recovery covers ALL forms of ID theft and fraud...financial, non-financial...no exclusions, no excuses for up to 3 generations of dependent family members.
CASE ASSIGNMENT
Case established with dedicated recovery advocate.
REMEDIATION
Ensures all traces of fraud removed from credit files and other records.
INITIAL CONTACT
Contacts victim and explains rights and next steps.
RECOVERY
Reaches consensus with victim concerning recovery.
DOCUMENTATION
Includes Limited Power of Attorney, fraud declaration, and educational materials.
1-YEAR FOLLOW UP
Provides 12-month follow-up to ensure no new fraud has occurred.
We help our businesses grow their bottom lines through revolutionary identity theft and data breach solutions that are service-driven and fully customizable.
Vero is backed by over 140 years of financial strength, a culture of innovation, and values that are centered around entrepreneurship, integrity, and collaboration.
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Vero's Identity Theft Division is led by Jim McCabe, the Executive Vice President of Identity Theft Services. With over 30 years of leadership experience, Jim oversees all areas of the organization’s identity theft solutions division, including product, sales and implementation. His current role has been driven by his passion of protecting businesses and individuals from the devastating effects of breaches, identity theft and other fraud events.
Since 2011, Jim has been introducing a full suite of identity theft and data breach solutions to Credit Unions throughout the United States and has successfully expanded the offering to other industries including automotive, education, data destruction and more.
These decisive, strategic actions by credit unions can provide members with direct and meaningful savings to ease financial stress and offers them peace of mind against ID Theft threats. Many credit unions also use this benefit package strategy to lower their current punitive fees.
Helping Members Face ID Theft and Data Breach Risks - and a Dismal Economy
CU Times, October 2023
