Should You Pay For An Identity Theft Protection Service? (blog.thenewoil.org)

submitted 7 months ago by BrikoX@lemmy.zip to c/privacy@lemmy.ml

3 comments fedilink hide all child comments

Identity theft is a common cause of anxiety in modern society, and it's pretty justifiable. According to a recent survey from US News, almost three quarters of adults have experienced at least one case of identity theft, and 27% have experienced more than one. In 2022 there were more than 1.1 million reports of identity theft, costing Americans a total of $8.8 billion dollars with a median of $650. One-in-five respondents reported that they continue to suffer financial consequences to this day. It's no wonder that a multi-billion-dollar industry has sprung up around protecting against identity theft. But does it make sense to pay for an identity theft protection service? Or is it just snake oil?

you are viewing a single comment's thread
view the rest of the comments

[-] drwho@beehaw.org 1 points 7 months ago

Data breaches are so common, and so many people have been caught in them, why bother paying for ID protection? It's granted a year at a time (for whatever that might be worth) for nothing to everybody caught in it. At this point, we may as well try to leave all those years of ID theft monitoring to our grandkids.

this post was submitted on 08 Apr 2024

26 points (86.1% liked)

Privacy

32045 readers

814 users here now

A place to discuss privacy and freedom in the digital world.

Privacy has become a very important issue in modern society, with companies and governments constantly abusing their power, more and more people are waking up to the importance of digital privacy.

In this community everyone is welcome to post links and discuss topics related to privacy.

Some Rules

Posting a link to a website containing tracking isn't great, if contents of the website are behind a paywall maybe copy them into the post
Don't promote proprietary software
Try to keep things on topic
If you have a question, please try searching for previous discussions, maybe it has already been answered
Reposts are fine, but should have at least a couple of weeks in between so that the post can reach a new audience
Be nice :)

Related communities

Chat rooms

[Matrix/Element]Dead
Discord

much thanks to @gary_host_laptop for the logo design :)

founded 5 years ago

MODERATORS