Children are often very attractive targets for identity theft, for two reasons: They don’t check their credit reports or credit-card bills as adults do, and their credit reports are clean, a plus for thieves wanting to start their financial lives over again. A recent study of 40,000 children whose personal information was compromised by a data breach found that 10.2pc of their Social Security numbers appeared to have been in use by others, in most cases before the breach.
(Source: The New York Times)
Published in Dawn, Economic & Business, May 25th, 2015
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