Parents Beware: Identity Thieves Are Targeting Children, Study Finds
It seems that identity thieves have set their sights on some new, more vulnerable victims – children.
A study released earlier this year shows that children’s identities are being stolen at a rate 50 times greater than that of adults.
A child could have his or her social security number stolen by a stranger at birth or shortly thereafter, from common places such as a school, hospital, or doctor’s office. Social Security numbers are issued using a system that is more or less easy to predict, making it possible for thieves to snag brand new numbers, or ones that are just a couple of years old. Most children don’t find out until later in life when applying for jobs or loans.
The Debix Identity Protection Network gave Javelin Strategy & Research data on 500 children who were enrolled in their service for about two months in 2008 to research and analyze for their child identity theft study.
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