Is Identity Theft Protection Worth the Money
An article at bankrate.com examines whether or not identity theft protection is worth the money by taking a look at what plans various banks are offering and at what rates. The plans each offer similar features; perhaps the number #1 question is whether identity theft is enough of a risk to make paying for protection worth the money. According to the article, the Federal Trade Commission reported close to 10 million U.S. identity theft victims. Author Laura Bruce writes, "The losses cost businesses and financial institutions $48 billion and individual victims paid $5 billion in out-of-pocket expenses to correct the damage and prove they were victims, not culprits."
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