Q: I have heard that there is no way to prevent the identity theft. Why should I register for one of these [identity theft protection] services if that is the case
A: Although there is no way to prevent identity theft, some identity theft is completely preventable if you take the necessary precautions.
We see the identity theft protection services, including LifeLock, Identity Guard, and Trusted ID, as one of the main ways that many consumers can greatly reduce the risk of many forms of theft 'identity. Specifically, many of these services can be very effective to prevent financial identity theft, such as new account fraud, which constitute the majority of identity theft crimes reported to the Federal Trade Commission (FTC) of each year.
The identity theft protection services also offer variable degrees of recovery assistance subscribers, usually in the form of a guarantee of service. This recovery assistance may include access to experts recovery, covering the costs associated with restoring a stolen identity, interacting with the major credit bureaus and more. Each service is approaching recovery of identity and food differently, so it is important to look each service to understand what it does and does not cover the unfortunate that a subscriber does not become a victim of identity theft.
Learn more by visiting our guide to identity theft protection services.