Identity thieves are now targeting children, according to Fox Business.
Scammers targeted children 35 times more than adults, and 15 percent of the victims were under the age of 5, according to AllClear ID. Stealing a child's identity is much more desirable than taking an adult's because it's easier and more of a clean slate.
"With children, it's the crime of opportunity and is often committed by someone in the family or close to the family," Ken Chaplin, senior vice president at Experian's ProtectMyID, told Fox Business.
These crimes usually aren't discovered until victims turn 18 and they apply for a loan and discover they have a credit history, according to the article.
All that's required to steal a child's identity are the parents' names, birthday, addresses and a Social Security number. Children are issued Social Security numbers at birth so parents can claim them as dependents on tax returns. If parents aren't careful with such information, thieves can obtain it to steal children's identities, Chaplin told Fox Business.
The article shares a list of ways parents can guard against this kind of theft, as well as "red flags" to look for if the identity has already been used.
- 3 tips for traveling cheaply
- Sony hack adds to security pressure on companies
- Survey says parents spend $532.87 a month to...
- Constantly changing online prices stump shoppers
- Record-breaking holiday travel expected
- Gift Guide: Strong photo, video gear options
- Biggest mailing day of the year means protect...
- Chrysler to recall about 288K Ram pickup trucks
- NYC premiere of Rogen film 'The... 8
- Is brand loyalty the new religion? 6
- US consumer prices fall in November 4
- Insurers ease 'Obamacare' deadline 3
- Keystone pipeline to top Senate agenda... 3
- AP sources: NFL employees turn over... 3
- Sony hack adds to security pressure on... 3
- PacifiCorp to close Deer Creek Mine in... 3