Question:
Which of the following is not a recommended method to protect you from identity theft?
A. Expensive specialty locking or monitoring service.
B. Place a credit freeze with the credit bureaus.
C. Regularly monitoring your credit report.
D. Contacting lenders and credit bureaus to report inaccurate information.
Answer: A. Expensive specialty locking or monitoring service.
Explanation:
The above options are important to individuals and corporations who want to protect themselves against identity theft. However, option A is not a recommended method because of two things.
One, it is an expensive option to fight identity theft. The costs that one may be spending on such monitoring services may be too huge to bear. Even for some businesses, the costs that come with option A may be too much for their business profitability.
The second reason why option A may not be universally recommended for all is because of its necessity. Not everyone wants a specialty monitoring their identity to detect possible identity theft online. Some people, potentially the majority, only want simple solutions to protect their online presence against identity theft. This explains why options B, C, and D are universally recommended to individuals, small businesses, and large corporations.
