LifeLock CEO Hacked?
June 25, 2008 – 3:08 pmLet me first start this post off by saying this - LifeLock Works!
Yes, someone was able to obtain a $500 payday loan using the CEO of LifeLock Todd Davis’s SSN. However, the check cashing company made no attempt to verify his identity. Regardless, LifeLock paid the $500 automatically. This is the same service that is part of their $1 million total service guarantee. LifeLock worked exactly like it was supposed to.
The facts in this matter are that Todd Davis has given out his Social Security number in over 10 billion impressions and only once was his identity compromised. The company who provided the payday loan did not even try to verify the true identity of the thief. No credit report was pulled and no ID requested. By simply providing a Social Security number and a address the thief was granted the loan.
There has been nothing but false claims and bogus accusations against LifeLock and Todd Davis. There has never been any hard evidence to back up any of these claims.
As of May 2008 LifeLock protects over 1 million people. With identity theft on the rise its a wise decision to do everything you can to protect your good name. Identity theft costs over $50 billion annually and an identity is stolen every 3 to 4 seconds. The top 5 states for identity theft are Arizona, California, Florida, Texas and Nevada.
As identity thieves become more sophisticated and prevalent you should be asking yourself only one question: Am I protected?
10 Responses to “LifeLock CEO Hacked?”
I read that he really wasn’t hacked. From what I read the guy took out a load for $500 which doesn’t require the lender to check with the credit bureaus. So really it wasn’t LifeLock who was a fault here. It’s not like LifeLock failed or anything.
By megan on Dec 18, 2008
I heard about this! Everyone was saying that he was hacked. If you actually read what happened it was such a small amount of money that it flew under the radar. LifeLock isn’t perfect, but it will catch most forms of identity theft.
By Rachel on Dec 26, 2008
The real question is why would someone who knows that the person is monitoring their credit, try and steal money from them. I mean you are going to get caught. With someone who is as high profile as Todd Davis you got to know that you are going to get caught. We are not talking a little slap on the wrist. I’m talking years in jail to test the claims made on TV. Seems like a steep price to pay.
By Lockett on Dec 30, 2008
He didn’t get hacked. People make it sound like someone somehow like hijacked all his bank accounts without him knowing. It was some guy out of texas and it was like $500 bucks which is the reason it worked in the first place. The business giving out the loan didn’t check his identity.
By Leona on Jan 2, 2009
Yeah all that talk is such BS. Everyone just wants a reason to hate LifeLock.
By johnnytamborine on Jan 15, 2009
I think it was funny they way they caught him. When LifeLock found out that the guy had taken money out in Todd Davis’s name they sent out a camera crew to go out and ask him why he did it. I thought that was really funny.
By johnnytamborine on Jan 19, 2009
Everyone is trying to take a shot at LifeLock it seems. I don’t think that LifeLock really deserves it. I think that take care of their customers I know they have always taken care of me.
By GoWithTheJoe on Jan 20, 2009
LifeLock says themselves that no one can completely prevent identity theft. It requires more than just LifeLock doing their jobs right. So I don’t think that this situation proves anything other that you are never truly 100% safe even with LifeLock. It’s better to have some protection than none at all. It’s kind of like a bullet proof vest. Sure the vest is bullet proof but what if they shoot you in the face.
just a thought.
By Carreiro on Jan 27, 2009
Yeah it’s true that you can’t really 100% protect yourself from Identity theft. I’m pretty sure that there is no real definition of what identity theft really is. I mean is someone stealing your credit card identity theft? Because I would consider that to be just theft at that point. I mean sure I guess they are pretending to be you when they use it but no one really ask for ID when someone uses a check card or credit card anymore. Especially when they are online it is very difficult to identify the true identity of someone online.
By Jockoman on Apr 2, 2009
No identity is 100% secure. Todd Davis is no exception he is just like anyone else. If the loan or credit card does not go through a credit office then there is no way to stop it.
By Bliese on Apr 23, 2009