CSID

CSID is a company that specializes in identity protection and fraud detection. It offers its services to businesses, their employees, and consumers through a technology platform designed to identify potential compromises of identity information and alert the affected individuals.

The company's primary offering is a suite of identity theft protection services. These services include credit monitoring, internet surveillance to detect the use of stolen personal information, and identity restoration assistance. The business model is likely based on a subscription fee, where clients (either businesses or individual consumers) pay for ongoing monitoring and protection services. For corporate clients, CSID provides solutions that can be offered as a benefit to their employees or integrated into their own customer-facing products.

The market for identity protection is driven by the increasing frequency of data breaches and the growing public awareness of identity theft risks. CSID operates in this competitive landscape, serving a client base that ranges from large corporations looking to safeguard their workforce to individual consumers seeking personal protection.

In 2016, Experian, a major credit reporting agency, acquired CSID. This acquisition integrated CSID's identity protection technology with Experian's extensive credit data resources, aiming to create a more comprehensive identity protection service. The combination allows for enhanced monitoring capabilities and a broader market reach.

Keywords: identity protection, fraud detection, credit monitoring, identity theft, data breach, cybersecurity, consumer data, enterprise security, identity management, risk management