LifeLock in the news again
Back in June of last year, I blogged about some controversy and even some legal issues with the infamous “LifeLock” company. You may remember that there were a lot of people complaining that even though they were paying their fees to LifeLock they’d experienced fraud problems. Experian also sued them and won, with the Court determining that LifeLock’s service was a violation of California law.
Now, according to a post on the blog of the Identity Theft Assistance Center (ITAC) the Federal Trade Commission and 35 State Attorneys General (I won’t repeat their grammar mistake) have reached a $12 million settlement with the company for deceptive advertising.
There’s no surprise there. LifeLock was exploiting the fears about identity theft and was doing nothing (and couldn’t) to prevent existing accounts against misuse. Which, as we know, is the most common type of fraud. I love to see sleaze bags get burned.
