The rampant use of social media sites and online networks has made personal information more readily available than ever. And with sites like Facebook constantly having their privacy settings and policies called into question, people are becoming increasingly concerned with monitoring and managing their online image. The issue of online privacy has helped spawn a completely new industry with startups offering a plethora of services centering on targeted marketing and persona information.
There are always two sides to any story, of course. Some of these companies are seeking to help businesses capitalize on this new and readily available personal information, while others take the opposite approach by helping individuals maintain online privacy and monitor how their information is being utilized. According to Forrester Research, online identity protection is now a $2.5 billion industry, and it continues to grow by 12 to 15 percent each year.