With large-scale data breaches on the rise, ID theft protection services are also growing, but for consumers, figuring out which services to purchase can be confusing, reports Reuters. Phil Blank of Javelin Strategy & Research, which conducted a study on ID theft protection offerings, says the industry is evolving, but it's important for consumers to know that services are not "one-size-fits-all." The Consumer Federation of America and Privacy Rights Clearinghouse have released a guide with tips for consumers to help evaluate services including understanding costs, cancellation and refund policies; features of the program being offered; limitations and exclusions for fraud assistance, and policies for handling and sharing personal information.
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