Should You Use an Identity Theft Protection Service? 3 Things to Consider

Despite serving as an advisor to multiple identity theft protection companies and using more than a dozen services, I have a complicated relationship with them. As a cybersecurity expert, I'm often asked the same two-part question during my identity theft and fraud presentations: Are ID theft services any good, and can I trust the companies behind them? The answer isn't a simple yes or no. The identity protection industry has a checkered past and has survived some early headwinds. I also believe identity theft protection companies can exaggerate what they do for subscribers. On the other hand, they offer helpful credit monitoring and online security tools for anyone who doesn't want to do the grunt work of keeping tabs on their identity or their children's themselves. ID theft protection can also come in handy if your identity is stolen and you need help restoring it. The case for signing up for ID theft protection The world of cybercrime, scams and fraud has changed significantly ... Read full article.