That's standard practice isn't it? If you get arrested for a newsworthy crime, the news will say your name while saying "alleged" to make it clear you haven't been convicted yet.
I don't think hiding the names of accused suspects is realistic. Instead, we should try to educate the public and remind them that people are still innocent until proven guilty.
Eh, there’s a reason we have a system where the accused has the right to make their case in court. An arrest is a strong signal but by design has a lower burden of proof than it takes to punish someone within the system. Given that being publicly accused of a heinous crime can do irreparable damage in the age of Google even if ultimately acquitted, I'd rather err on the side of caution here.