Have you heard about how Credit Reporting Giant Experian is suing LifeLock? You've probably heard of lifelock as the company whose top executive published his Social Security number in the Wall Street Journal to show how confident he was of his companies product to protect him against identity theft.
Well, Experian is suing Lifelock - apparently the gist of the suit is that they say a third party does not have the right to put in a credit alert on someone's account even though the LifeLock members have paid to have LifeLock monitor their accounts and report any fishy business to the credit companies.
To me it sounds like Experian just wants to avoid paying the money it costs to process credit alerts. But to me, if it can stop a crime before it happens, it seems like it would save money in the long run. I think its pretty clear that Experian is in the wrong on this one.
Well, Experian is suing Lifelock - apparently the gist of the suit is that they say a third party does not have the right to put in a credit alert on someone's account even though the LifeLock members have paid to have LifeLock monitor their accounts and report any fishy business to the credit companies.
To me it sounds like Experian just wants to avoid paying the money it costs to process credit alerts. But to me, if it can stop a crime before it happens, it seems like it would save money in the long run. I think its pretty clear that Experian is in the wrong on this one.
