LifeLock Not A Lock On Identity Theft

But I thought I could give out my personal information to everyone... even giving out cards with all of it printed.

LifeLock settles with FTC for $12 million
By Ben Rooney, staff reporter
March 9, 2010: 5:01 PM ET

NEW YORK (CNNMoney.com) -- Federal regulators said Tuesday that LifeLock has agreed to pay $12 million to settle charges the company made deceptive claims about its ability to protect customers from identity theft.

LifeLock will pay $11 million to the Federal Trade Commission and $1 million to a group of 35 state attorneys general in one of the largest joint FTC-state settlements on record, the agency said.

While LifeLock promised consumers complete protection against all types of identity theft, in truth, the protection it actually provided left enough holes that you could drive a truck through it," said FTC Chairman Jon Leibowitz in a statement.

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Sure, but could you float a freighter through it?