It's easy to see that additive blinding (e.g., $x+r$ for secret x and random r) is perfectly secure in a finite field (this is a one-time-pad) and statistically secure for $r$ uniformly distributed in a domain sufficiently larger than $x$.
What I'm confused about is multiplicative blinding (i.e., $x \cdot r$) - in some places, I read that it's being used and is as secure as additive blinding, while in others it's stated that it is much less secure (e.g., multiplicative blinding less secure). Assuming, of course, both $x \neq 0$ and $r \neq 0$, is multiplicative blinding as good as additive (ignoring side channel attacks), and if not - what's the explanation?