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5 comments

1
wheat-dogghazi-mailgate  Dec 18, 2015 • 5:37:38am

I find it hard to believe in a company that could not protect even its own CEO from identity theft.

2
Timothy Watson  Dec 18, 2015 • 6:16:08am
The agreement reached today, said to be a record price to enforce a previously agreed upon settlement with the FTC, certainly represents an escalation of matters. Even so:

According to SEC filings, LifeLock generated $476 million in revenue in 2014, “an increase of $106.4 million from $369.7 million in 2013,” the company wrote.

But that’s total revenue, not profit. The company only made $2,495,000 in net income (profit) in fiscal year 2014.

3
bratwurst  Dec 18, 2015 • 6:34:51am

re: #2 Timothy Watson

But that’s total revenue, not profit. The company only made $2,495,000 in net income (profit) in fiscal year 2014.

If you or I ran a business that had been (essentially) fined 45X our annual profit, that would almost certainly be the end of our business. Care to wager LifeLock is going anywhere?

4
nines09  Dec 18, 2015 • 7:49:55am

Someone is making money. Or washing it.

5
Skip Intro  Dec 18, 2015 • 2:02:43pm

Another Rush Limbaugh advertiser going after the old and dumb demo that keeps el Lushbo afloat.


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