WSJ: When The Going Gets Tough…The Worried Buy Credit-Monitoring Services
An article in the Wall Street Journal highlights the growing cottage industry of identity theft monitoring services. The article notes that though the services help prevent or catch identity theft, they will not prevent a thief from using your stolen credit card number to make fraudulent purchases.
Given the recent Heartland Payment Systems, Inc. breach, such activity is likely to rise significantly. Consumers and businesses alike should be aware, and take action. Credit monitoring services can be very useful and effective. Preventing the theft of credit card information in the first place is a high priority, and hopefully businesses are listening.


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