Which of the following statements about companies that provide proactive protection of your information assets is false?
A)These companies allow their customers to lock their credit files.
B)These companies ensure that new lines of credit cannot be opened unless their clients unlock their credit files.
C)These companies operate independently of the three major credit reporting agencies.
D)Signing up with these companies means that merchants and banks must have verbal or written permission from their customers before opening new credit in their names.
E)These companies will proactively monitor their clients' credit files at the three credit reporting agencies.

Question

Quizplus · Accepted Answer

This statement is false. Companies that provide proactive protection of information assets often work in partnership with credit reporting agencies to monitor credit files and detect fraud. They do not operate independently of these agencies.

Which of the Following Statements About Companies That Provide Proactive