Child identity theft can devastate the financial lives of Americans before they are even old enough to drive. And until there’s a federal law passed that specifically addresses child identity theft, the responsibility of protecting a child’s identity falls to the child’s parents or guardians.
This crime occurs when a minor’s Social Security number (SSN) is used to fraudulently open credit accounts. Parents do not usually access their child’s credit report until the child is ready to apply for a credit card or student loans, so identity thieves have years to run up debt…
The IRS is changing one of its rules after a woman from Strafford became the victim of an income tax scam. While coming to grips with the death of her daughter last year, things got worse for Lori Weeks when she tried to file her tax return.
“It was a kick in the gut,” Weeks said. “It was grief on top of grief.”
A month after her 7-year-old daughter, Madison, was killed in a car crash, Weeks and her husband were filing their tax return when they learned that someone had claimed their deceased child as a dependent….
Data breaches give hackers a chance to cash in, and no personal information is more valuable to cyber criminals than a child’s.
It’s a surprising fact in the age of the massive cyberattack. While adults might fret when their financial data is stolen in a breach, it’s their kids’ identities they should be worried about, experts say….
The note that arrived in the mail, dated March 25 and addressed to my grade-school-age daughter, said what we had expected and feared: Like tens of millions of other Americans, including untold numbers of children, she may have fallen victim to thieves who gained access to Social Security numbers and other personal data from the health insurance giant Anthem….
“Wake up little boy, daddy’s looking for you.”
That’s the message a stranger delivered to a couple’s 3-year-old son through a baby monitor after hacking the device. The parents did not want to reveal their identity because they were worried the stranger could find them….