All the informatiom you reveal to government entities (Federal, State, and local), banks and financial institutions, insurance companies, medical providers, and other companies you do business with, etc..may claim to "protect" your data even though they share your data with others (who you may not know and won't be provided to you). All it takes is a good hacker to break into any of these "protected" databases which you have no idea concerning where they may reside, and overnight your data may be sold to an outfit with criminal intent. By the time your identity has been ripped off and fraudulent bills or bank withdrawals start to occur your chances of finding out who is responsible is impossible. That is why identity theft insurance is sold. That is the system's way of telling you they can't prevent identity theft but if you pay them they will cover your losses! You are the only loser. Not the companies sharing your data, the hackers, or the companies providing goods and services to fraudulent identities. In fact everyone is making money but you. But sign up and pay for insurance and you will only lose your deductible. What a deal!