OpenText Adds Allstate Identity Protection to Webroot® Helps Protect People's Digital Lives
OpenText (NASDAQ: OTEX) has announced a partnership with Allstate Identity Protection (AIP) to enhance consumer safety against cyber threats. This collaboration will integrate AIP's identity protection services with Webroot's offerings, providing multi-layered security for digital devices and personal information. The new service includes fraud expense reimbursement of up to $500,000 and stolen funds reimbursement of up to $50,000 along with comprehensive monitoring solutions. The initiative responds to the increasing risk of identity theft, especially during the holiday shopping season.
- Partnership with AIP enhances Webroot's offerings, providing comprehensive identity protection services.
- New service includes up to $500,000 in fraud expense reimbursement and $50,000 in stolen funds reimbursement.
- Offers a multi-layer protection model, addressing rising cyber threats.
- None.
New partnership aims to keep consumers safe by protecting devices, identities, and privacy
WATERLOO, ON, Dec. 6, 2022 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), has partnered with Allstate Identity Protection (AIP) to offer identity protection services to Webroot customers to further protect consumers from evolving cyber threats by shielding their devices, identities and private information. Webroot protects computers, laptops, tablets, smartphones and other digital devices from threats like malware, ransomware, phishing and more. AIP safeguards personal information and the data people share online. The combined offering provides consumers with exceptional multi-layer protection for their digital life.
"Increased online shopping during the holidays puts people at greater risk of identity theft and credit card fraud," says Lewis Bertolucci, Vice President of Product, AIP. "Working in lockstep with Webroot behind the scenes, we hope to put shoppers' minds at ease so they can focus on family and loved ones this holiday season and beyond."
Roughly 2.14 billion people shop online1. By 2024, the number of online banking users is predicted to exceed 3.6 billion globally2. The internet has opened a gateway for criminals to access bank accounts, install malicious software, and steal identities to commit fraud. With the growing popularity of social media, additional purchase opportunities (through TikTok, Instagram and Facebook) further increase the likelihood of exposure to cyber criminals.
"Cyber criminals have become experts in the art of deception, making it increasingly difficult for people to tell the difference between legitimate sites or emails from those that are fake," says Prentiss Donohue, Executive Vice President, OpenText Security Solutions. "Whether unknowingly shopping on an unsecure website or clicking on a malicious link, some things are out of a consumer's control. AIP is an important addition to Webroot that extends consumer protection beyond devices to include identity and privacy in the event the uncontrollable happens."
Webroot Premium with AIP includes anti-virus protection for up to five devices, identity protection for one individual with up to
Device protection:
- Real-time anti-phishing, malware, ransomware protection against emerging threats
- Lightning-fast scans without interruption
- Proactive alerts with firewall and network connection monitoring
- Protects account logins and passwords
- Cleans devices and improves performance
Identity protection:
- Dark web monitoring
- Credit monitoring (one bureau)
- Financial monitoring including account takeover alerts
- Identity monitoring with identity health status updates
- 24/7 U.S.-based identity restoration
Privacy protection:
- Secure browser with alerts to malicious sites and apps
- Password manager
- Deletes traces of online activity
Webroot Premium with Allstate Identity Protection is available immediately. Allstate Identity Protection is also offered as an add-on to existing Webroot subscriptions. To learn more, visit Webroot Premium with Allstate Identity Protection.
*Allstate Identity Protection Legal Disclaimer
Identity theft insurance covering expense and stolen funds reimbursement is underwritten by American Bankers Insurance Company of Florida, an Assurant company. The description herein is a summary and intended for informational purposes only and does not include all terms, conditions, and exclusions of the policies described. Please refer to the actual policies for terms, conditions, and exclusions of coverage. Coverage may not be available in all jurisdictions. Product may be updated or modified. Certain features require additional activation.
About OpenText
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.
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Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Copyright © 2022 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.
1 Online Shopping Statistics: Ecommerce Trends for 2022, Tidio
2 Top 10 Online Banking Statistics & Facts for 2022, MoneyTransfers.com
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