LifeLock CEO said to be victim of identity theft 13 times – Computerworld

A CEO who publicly posted his Social Security number on billboards and TV commercials as part of a campaign to promote his company’s credit monitoring services was the victim of identity theft at least 13 times, a news report says.

The Phoenix New Times reported that Todd Davis, CEO of LifeLock Inc., which is based in Tempe, Ariz., was victimized numerous times by identity thieves who apparently used his Social Security number to commit various types of fraud.

Davis has previously admitted that he was the victim of an identity theft once in 2007, when a man in Texas used his Social Security number to take out a $500 loan which wasn’t repaid and ended up being handled by a collection agency.

The New Times reported that Davis has been a victim of similar ID theft at least a dozen more times.

Among the examples cited in the report was one involving an ID thief in Albany, Georgia who opened an AT&T wireless account in Davis’ name and used it to rack up more than $2,300 in charges.

In another instance, an individual used Davis’ identity to open an account with Centerpoint Energy, a Texas utility, and leave behind $122 in unpaid bills, the report said.

It also cited examples where individuals with Davis’ identity owed more than $573 to a bank and $312 to a gif-basket company.

The numerous incidents belie LifeLock’s claims that the services it offers protects consumers against ID theft and fraud, the report noted.

Davis said by e-mail that there had been “hundreds” of attempts to use his personal information in a fraudulent manner since 2005. All but 13 of those attempts were successful, Davis said.

via LifeLock CEO said to be victim of identity theft 13 times – Computerworld.

Defining the Law Firm of the Future | Legal Blog Watch

What will the law firm of the future look like? That was the question for a panel of general counsel, law firm partners and industry observers at a panel in New York City Thursday night. If there was consensus among them on any point — and I'm not sure there was — it was this: The firm that will thrive in the future is the firm that is able to deliver better value through innovation and technology.

The panel was hosted by LexisNexis to highlight its release of a survey on the state of the legal industry, which I recap in a separate post. D.M. Levine of The American Lawyer has already provided his report on the panel. It was moderated by Darryl Cross, vice president of client profitability at LexisNexis, and included:

  • Richard N. Baer, EVP, general counsel and CAO, Qwest
  • Martin F. Cunniff, partner, Howrey
  • Michael S. Helfer, general counsel and corporate secretary, Citigroup
  • William D. Henderson, professor of law, Indiana University
  • Peter J. Kalis, chairman and global managing partner, K&L Gates
  • Thomas J. Sabatino Jr., former EVP and general counsel, Schering-Plough
  • Michael F. Walsh, president and CEO, U.S. legal markets, LexisNexis

All on the panel agreed that law firms should change how they do business. All did not agree, however, on what that change should look like. In fact, the one other point of consensus among the panelists may have been that there is no one-size-fits-all answer for firms or for clients. The legal industry is not a monolith, said Kalis, and any attempt to define it as such is a fallacy.

If change is to come, it should be through the mutual efforts of law firms and clients, several panelists said. The discussion should not about “us” and “them,” said Sabatino, who is also a director of the Association of Corporate Counsel. “There should be synergy between clients and firms.” Qwest's Baer agreed: “This isn't an adversarial situation between clients and firms.”

[continued] Legal Blog Watch.