Bill Maher: Identity Theft Protection
on Friday, November 24, 2017Bill Maher Money Quote saying financial institutions must protect electronic fraud like identity theft just as they must protect our money against bank robbers. Bill Maher said:
“My bank must stop trying to sell me identity theft protection. You know why I expect you to protect my money? Because you’re a bank” — Bill Maher
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In this quote, Bill Maher is expressing frustration with banks aggressively marketing additional identity theft protection services to their customers. By sarcastically stating that his bank should stop trying to sell him such protection because “you’re a bank”, Maher implies that banks have a basic responsibility to safeguard customers’ financial information and accounts from criminal misuse as a fundamental part of their business.
The overall interpretation is that Maher views identity theft protection as something banks should already ensure for clients as the custodians of their money, rather than an added premium service to upsell.
His comment conveys the perspective that banks should not need to profit further from extra identity protection products, since securing customers’ identities and money from theft is an inherent duty banks owe account holders that their standard services should sufficiently fulfill.