It's outrageous that anyone should have to pay to prevent having false information added to their credit record.
Financial institutions control what measures they use to authenticate who they give money to, so when those measures fail, financial institutions should take responsibility for their failures.
Instead, financial institutions cooked-up the concept of 'identity theft' to shift responsibility for their authentication failures on to their own customers.
If governments legislated consumer protection which penalized financial institutions that add false information to people's credit record (because the financial institution's measures failed to screen out an impersonator) financial institutions would clean up their act.
Instead, financial institutions reap more and more profits by avoiding spending on effective authentication measures and by getting their customers to pay for the financial institutions mistakes.
It's financial institutions that are in control of consumers' identities. It's not the criminals who impersonate the financial institution's customers and it's certainly not the innocent customer (whom the financial industry has convinced they are at fault because they didn't shred their garbage) that are in control of a consumer's financial "identity".