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Saturday, September 22, 2012

Infant to senior: How identity theft is affecting every generation

An infant’s Social Security number is used in a credit card application. A 10-year-old’s identification information is used to apply for a car loan. Grandpa gets an email claiming that he won the lottery and needs to provide information to collect the winnings. Today, identity theft can occur to anyone, not just middle-aged adults. Savvy thieves are targeting every generation, from child to adult to senior. It’s important to stay alert so every member of your family is better protected.
Child ID theft
Think you don’t have to worry about identity theft for your kids? The fact is more than 19,000 cases of child identity theft were reported in 2011, up from about 6,000 in 2003, according to the Federal Trade Commission.

  How does this occur to children, who typically don’t even have a bank account? Every day many parents send their children to school and child care with personal information in their backpacks. Backpacks are typically hung out of sight for hours or information can end up in desks for days, providing ample opportunity for identity thieves.

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