Is your child at risk of identity theft?

Is your child at risk of identity theft?

When we think about identity theft we often associate with adults. Considering adults are preoccupied with things like credit scores, bank accounts, and mortgages/rent it’s not surprising that we often connect identity theft automatically with adults. However, the Beter Business Bureau is warning parents that their children could be prime targets for identity thieves. The reason children are such lucrative targets for identity thieves is that they’re essentially clean slates. Combine that with the fact that most parents rarely, if ever, check their child’s credit history.

So how do identity thieves get your child’s information to steal their identity? One way is through social media. While parents have every right to be proud of their children, sometimes they share too much personal information about their child online. In many cases, it wouldn’t take a scammer long to gather the information needed in order to steal a child’s identity. Another way scammers steal a child’s information is by offering child safety kits. While these kits are legitimate and can help keep a child safe from abduction, not everyone who offers them are who they say they are. Scammers will approach parents unsolicited to offer these kits when their true intention is to obtain your child’s personal information.

So what can you do to protect your child’s identity? The first thing is to be careful who you share your child’s information with. Maybe you shouldn’t share every detail of their lives on social media. You should also routinely check their credit history. Sometimes these identity thefts go on for years before anyone notices which could ruin their credit as adults. If you find out that your child’s identity has been stolen have your child’s credit history frozen immediately. Then contact your local police to report the crime as in most instances the child’s identity is stolen by someone they know.