The Capital One data breach is an exceptional example, if only because of how much we already know. Not only that, but the breach happened to one of the technical front-runners in banking.
Equifax has been ordered to pay at least $650 million in relation to its enormous 2017 data breach. Users who were affected might be eligible for a claim. But watch out for scams!
By now it’s obvious that data security technology hasn’t kept pace with the needs of consumers. In 2017 alone, we learned about massive data breaches from major organizations like Equifax, Uber, and Verizon. In other words: We’re in the midst of a data breach epidemic.
Identity theft protection services promise to have your back against cybercriminals looking to steal your data. But they don’t actually stop them from taking your identity. Are they worth it, then? We say no.