Identity theft protection services can save time and money, increase peace of mind

According to the Imperial Valley News, a recent survey conducted by custom market research firm Harris Interactive has found that victims of identity theft who subscribed to an ID theft protection service reported spending less time and money to resolve the issue than those who did not have a subscription. A total of 64 percent of current ITPS subscribers reported that they were confident in their level of protection against credit card fraud, general internet security, ID theft and credit report tampering, compared to 38 percent of non-subscribers. "We’ve been telling people for several years that hiring companies to help them protect their identities is something that they may want to consider, and that having an ITPS on their side if they do become victims of identity theft can save them countless hours and headaches," said Jim Malmberg, managing director of American Consumer Credit Education Support Services, a nonprofit consumer advocacy group. According to Security Technology News, the U.S. Federal Trade Commission received 250,854 complaints about ID theft last year.