Mar
27

New Form of Identity Theft Targets Children

March 27, 2012

Fraudsters prey on children onlineWhile

identity protection is nothing new for adults who hear about data breaches, hackers, phishing scams and worse cyber threats every day, thieves and scammers are now going after a demographic that is not as well protected: children. Identity protection expert Peter Schoenrock explains all about it in the article, “

Protecting the Innocent: The Basics of Child Identity Theft,” on the Equifax Finance Blog. This is such an important issue that we are using it as our entry in the second round of the Technology Tweet Tournament – help us share this important information by retweeting the message to your twitter followers.

While adults have been the traditional targets of identity fraud by clever scammers, children represent a different set of advantages. Their personal information can be worth hundreds if not thousands of dollars. The clean slates of children’s credit can also provide an excellent way to get around a scammer’s own bad credit, be useful for illegal immigrants to obtain false ID for employment, be used in organized crime and contribute to financial

fraud.

It is important to know what information is risky and can expose your child to identity theft. It’s important to consider safety every time you offer up the following:

Social Security number

Address and phone number (present and prior)

Student ID number (often easily traced back to a Social Security number)

Email address

Medical ID number

Health insurance ID number

Bank account numbers

Talk over the risks of sharing personal information with your children for safety. Be sure to explore the

Equifax Finance Blog for more important tips about protecting yourself and your family from fraud as well as great information about taxes, credit, retirement and more.

Categories: Economy

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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