Slashdot is powered by your submissions, so send in your scoop

 



Forgot your password?
typodupeerror
Compare cell phone plans using Wirefly's innovative plan comparison tool ×
The Almighty Buck

Big Data Breaches Give Credit Monitoring Services a Boost 48

Hugh Pickens DOT Com (2995471) writes "As attacks like the one on Target have exposed up to 40 million customer payment card accounts and the names, addresses and email addresses of as many as 70 million shoppers, Tiffany Hsu and E. Scott Reckard report in the LA Times that increased activity by data hackers has produced millions of victims but there has been one big winner: credit monitoring businesses. "It's almost a terrible thing to say, but these kinds of situations raise awareness of the need to protect yourself and to be more vigilant in checking your transactions," says Yaron Samid. Meanwhile services with names such as BillGuard and Identity Guard report a surge in sign-ups from people anxious to be protected. For example, the number of AAA Southern California members opting in for the club's identity theft monitoring service — whether for free or for an extra charge — boomed in January, up 58% from December." (More below.)

Slashdot Top Deals

Our business in life is not to succeed but to continue to fail in high spirits. -- Robert Louis Stevenson

Working...