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Why do companies offer only 2yrs of identity protection coverage for breaches? There are tons of these happening and so people can wait a couple of years to use
by yalogin 4y ago
Why do companies offer only 2yrs of identity protection coverage for breaches? There are tons of these happening and so people can wait a couple of years to use them if it's going to be less of a hassle. Ofcourse, I don't trust that the identity protection coverage is of any use, but still trying to think about the effectiveness of the data after 2 years. Is there a reason to believe the information is not useful after 2 yrs? Why the 2yrs? It should be at least 10yrs if not more to be meaningful.
- autoexec 4y ago> Why do companies offer only 2yrs of identity protection coverage for breaches? Two years seems like the minimum they feel they can get away with. They just need to make it seem like they've done "something" to compensate their victims out of fear that if they didn't some regulation will come along that requires that they actually make up for the harm their negligence has caused in an actually meaningful (and more costly) way.