One of the fastest growing crimes is now affecting your children just as much, or more, than it is you. Hackers and cybercriminals are targeting your children for their clean purchase histories. Studies have shown that 10.2 percent of children under age 18 have had their Social Security number stolen.
Incredibly, the criminals stealing your child’s Social Security number can get loans for cars, homes, and extensive credit card limits. By the time they are old enough to apply for a credit card, your child might even have a few foreclosures on his or her record. Damage to your child’s identity is nearly impossible to fix. The aftermath of identity theft for a child can haunt them into their adult years.
This type of crime goes easily unnoticed because you probably never thought it could happen. Now that you know that it’s a growing crime, you need to know what to do to mitigate this crime from happening to your child.
The number one rule of preventing your child from becoming a victim of identity theft: be very wary of to whom you give your child’s Social Security number. Sometimes you may be required to provide your child’s Social Security number, but remember it might not be safe in their hands. Government entities, schools, and doctor’s offices get hacked all of the time. It might be in your child’s best interest to enact a credit freeze. This will prevent criminals from using your child’s Social Security number to gain access to credit in the child’s name.
The bottom line is that there’s really no better time than the present to become a LibertyID member for identity theft restoration protection. LibertyID provides expert, full service, fully managed identity theft restoration to individuals, couples, extended families* and businesses. LibertyID has a 100% success rate in resolving all forms of identity fraud on behalf of our subscribers.
*Extended families – primary individual, their spouse/partner, both sets of parents (including those that have been deceased for up to a year), and all children under the age of 25