Sponsor Robert Siciliano as he runs the Boston Marathon for Miles for Miracles, Children's Hospital Boston
ROBERT SICILIANO is fiercely committed to informing, educating, and empowering Americans so they can be protected from violence and crime in the physical and virtual worlds.

FREE EBOOK

Check here if you're human

Sponsors

Why Child Identity Theft is Dangerous

0
Pin It

Identity theft in the form of new account fraud can happen to anyone with a Social Security number, which includes virtually any American with a pulse…as well as some who no longer do. Identity theft can even happen to your newborn baby shortly after a Social Security number has been issued to him or her and this could have long term implications for your child.

Within days of your child’s birth, you typically sign documentation prior to being released from the hospital, and a Social Security number is issued within a few weeks. That number is promptly distributed to many entities: the U.S. Social Security Administration, the hospital, your doctors’ offices, your insurance company, the Internal Revenue Service (IRS)—and anyone who has access to the relevant documents or files can also gain access to a person’s identity.

There is a growing trend among identity thieves to steal the identities of children, especially infants because it is unlikely that your child or you as parent, will be checking their credit report, since they are too young to talk let alone have a credit card. Child identity theft occurs when the identity of someone under the age of 18 is compromised. When this occurs, the child’s Social Security number is used to open up new accounts. The new accounts opened could be anything from credit cards to bank loans to automobile loans.

Your child’s records represent a clean slate for the criminal and it usually takes years before the theft is discovered. Often, the first time victims discover that their identity was stolen is when they engage in their first financial transaction and try to establish credit by, for example, purchasing a cell phone or buying a car.

There have been far too many instances of parents receiving a call from a bill collector informing you that your two-year-old bought a Mercedes and defaulted on a loan. Or perhaps law enforcement may come knocking on your door to inquire about crimes committed by your newborn child. So besides damaged credit, you child could have income tax liability or a criminal record as the result of identity theft.

The best protection against child identity theft is comprehensive device security, like McAfee LiveSafe™ service, along with filing a fraud alert with the credit bureaus every quarter with the hope that you are denied, because a credit report doesn’t exist—means your child’s identity is still safe. As parents we need to be vigilant about protecting our own and our kids’ information.

Robert Siciliano is an Online Security Expert to McAfee. He is the author of 99 Things You Wish You Knew Before Your Mobile was Hacked!  Disclosures.

About the Author
ROBERT SICILIANO, CEO of IDTheftSecurity.com is fiercely committed to informing, educating, and empowering Americans so they can be protected from violence and crime in the physical and virtual worlds. His "tell it like it is" style is sought after by major media outlets, executives in the C-Suite of leading corporations, meeting planners, and community leaders to get the straight talk they need to stay safe in a world in which physical and virtual crime is commonplace. Siciliano is accessible, real, professional, and ready to weigh in and comment at a moment's notice on breaking news.

Similar Posts

  • Child Identity Theft
    Child identity theft is a growing problem. The Federal Trade Commission estimates that there are 500,000 new victims every year. The culprits are often parents or others who have direct access to the child’s Social Security number. (In my own experience, I’ve had to give out my children’s Social Security numbers to hospitals, insurers, and
  • School Officials Warn of Identity Theft
    In a small Maine town, local school officials buck state requirements and tell parents not to give out their child’s Social Security number. The Bangor Daily reports “School departments across the state are required by a new state law to collect students’ Social Security numbers for all enrolled this fall. Parents, however, should know that they
  • Child Identity Theft Victims
    Robert Siciliano Identity Theft Expert Jason Truxel was denied a mortgage because of bad credit. He had no idea that his credit scores were low, so he pulled his credit reports. He discovered a tremendous amount of debt, and accounts he had never opened. One such account showed that a credit card had been opened in
  • Child Identity Theft Protection
    Robert Siciliano Identity Theft Expert In a blog I guest contribute to called “NextAdvisor” they offer the following advice on child identity theft protection: The following post in our Reader Question series is an actual user submitted question. “Q: I found out that someone used my grandson’s Social Security number to get phone service. How can I stop
  • How to freeze your Child’s Credit
    Identity thieves are after children’s Social Security numbers. With this number, a thief can do so many things like open a credit card account and rent an apartment. Kids’ SSNs have great appeal to crooks because: A child’s record is usually very clean. This means fertile opportunities for new credit lines. Kids usually don’t check their credit reports

Comments are closed.

Xtreme School

Featured in

Anderson Cooper John Stossel Robert Siciliano Featured in
Browse by Month

Browse by Category