The United States continues to experience a severe identity fraud problem, which has become increasingly expensive due to modern digital threats. The Federal Trade Commission (FTC) received more than 1.1 million identity theft complaints in 2024, representing a 9.5% increase from the previous year. The total financial losses from fraud and identity theft reached an alarming $12.7 billion according to recent statistics. The statistic illustrates how our digital convenience comes with a price, as it makes us more susceptible to advanced cybercriminal activities.

The rising importance of digital identity protection services has transformed them from optional extras into fundamental necessities because of the widespread nature of identity theft. The conventional methods of protecting our data, such as using strong passwords and being careful with information sharing, no longer provide adequate protection. The growing complexity of cyber threats necessitates that individuals implement robust defensive strategies to safeguard themselves against potential security breaches. The growing awareness of identity protection has motivated people to seek dedicated solutions that safeguard their personal data and identity.