LifeLock is an identity theft protection service that safeguards customers' finances and credit. LifeLock monitors networks that have customers' personal information and searches for suspicious activity and potential threats, according to the LifeLock website.
If a thief uses a customer's information to get a loan, credit or service, LifeLock will detect it and alert that customer via text, email or phone via its patented LifeLock Identity Alert system, states the LifeLock website. Once the customer confirms that the transaction is fraudulent, LifeLock works to correct the problem. The company offers a million dollar service guarantee, assuring the customer that it will spend up to $1 million to hire experts to help with recovery.