IdentityForce

IdentityForce, Inc.

IdentityForce, Inc., is an American corporation that provides Identity Theft Protection software to consumers, businesses, organizations, and U.S. government agencies.

Headquartered in Framingham, Massachusetts, the company was founded by Bearak family members, Steven Bearak (brother) and Judy Leary (sister) in 2005.^[1]

IdentityForce was originally incorporated in Massachusetts, on October 30, 1978, as Stop-Loss Associates, Inc. a Sub Chapter S Corporation.^[2] The company’s legacy is deeply rooted in the personal security, data privacy and loss prevention industries (markets).

Early History (1978 – 1996)

In 1978, Herbert P. Bearak ^[3] (patriarch of Bearak family) founded and incorporated Stop-Loss Associates, Inc.,^[4] a company focused on the delivery of a Loss Prevention Analysis, which included the development, implementation, and testing of security policy and procedure best practices as well as best in class security equipment and systems.

In 1992, Bearak Reports ^[5] was established as a Service Division of Stop-Loss Associates, Inc. to help organizations and individuals protect and recover assets using credit and widely available non-credit information. The Company's mission was to offer a broad range of Asset Search, Background Screening, Business Intelligence and Public Record Information Services to Law Firms, Financial Services Companies, Government Agencies, and general corporate and private users.

In 1996, Stop-Loss Associates was acquired in an asset sale by the Marcom Group, with Herbert Bearak and other family members retaining 100% of the company’s stock and original Employer Identification Number (EIN). Following the sale the company officially changed its name to Bearak Reports, Inc.

In late 1996, The Privacy Group was launched as a Service Division of Bearak Reports, Inc. The Privacy Group created a toolkit to help consumers protect their personal privacy during the early years of the digital internet revolution.^[6]

Establishment of IdentityForce, Inc.

In 2006, Bearak Reports, Inc. launched IdentityForce,^[7] another Service Division built to provide end to end solutions to companies and government agencies that experience a data breach. Shortly thereafter, public concern over the security of personal information stored by the federal government was raised when the U. S. Department of Veterans Affairs revealed that it had suffered a data breach that compromised the personal information of more than 28,650,000 active duty personnel and veterans. Subsequently, the U.S. General Services Administration] (GSA)^[8] awarded Bearak Reports, Inc., d/b/a IdentityForce a government-wide Federal Supply Schedule Blanket Purchase Agreement (BPA) for identity monitoring, and data breach response and protection services.

Following the Department of Veterans Affairs incident, in an effort to standardize government breach response, the U.S. Government Accountability Office issued a report containing recommendations to federal agencies for dealing with data breaches.^[9]

In 2011 and 2013 the company was awarded other Blanket Purchase Agreements for similar products. In 2015 IdentityForce, was awarded Tier One status as an approved provider of identity protection services for data breaches affecting over 21.5 million people. In 2016 Bearak Reports, Inc. officially changed its name to IdentityForce, Inc.

IdentityForce holds an A+ rating from the Better Business Bureau.^[10]

Today, IdentityForce remains a privately-owned corporation.

References