Credit monitoring

Term · Insurance and risk management · MLC-T-INS-001025

A service offered to individuals as part of a data breach response, which tracks activity on their credit reports for signs of identity theft. The service alerts the individual to changes such as new accounts being opened, credit inquiries, or changes to personal information. Cyber liability policies often include sublimits for providing these services to affected customers following a breach, with costs ranging from a few dollars to over thirty dollars per person per year.

Table 1. Record
Identifier	MLC-T-INS-001025
Field	Insurance and risk management
Subject	Professional Liability

Record as JSON

{
  "id": "MLC-T-INS-001025",
  "term": "Credit monitoring",
  "field": "Insurance and risk management",
  "definition": "A service offered to individuals as part of a data breach response, which tracks activity on their credit reports for signs of identity theft. The service alerts the individual to changes such as new accounts being opened, credit inquiries, or changes to personal information. Cyber liability policies often include sublimits for providing these services to affected customers following a breach, with costs ranging from a few dollars to over thirty dollars per person per year.",
  "subject": "Professional Liability",
  "url": "https://mlchart.com/terminology/insurance/credit-monitoring/"
}

Record 845 of 3,748 in Insurance and risk management terminology (MLC-0106). Request the full dataset.