Surprise, surprise. A company has giant data breach due to negligent security, but not to worry! They'll protect you by offering you credit monitoring for one year free!
Credit monitoring is a waste of your time and is likely only offered to make it seem like they're doing something for you when they probably don't. I wouldn't be surprised to find out that the credit monitoring companies have a "data breach plan" where companies can get a bulk discount by offering monitoring to all their victims.
It's a classic win-win-lose. The breach company wins PR points, the monitoring companies continue to make money for not providing any real service, and we all lose.
If you're worried about id theft, justTags: !Big Business, Data Brokering, Identity Theft, WellPoint