More than 1 million children were victims of identity theft in 2017
Do you know what your child is doing online?
Kids are easy targets for hackers — they begin their online footprints much earlier than adults and most of their school and medical records are digitized.
According to a newly published report from Javelin Strategy and Research have more than 1 million children been victims of identity theft or fraud last year. This has resulted in $2.6 billion in losses and million of out-of-pocket expenses for families.
Identifying child ID fraud are often more difficult than fraud involving adults, specifically because the perpetrators are more likely to know the victim personally; this places them in a better position to control a victim’s accounts and intercept notifications, the study says.
Parent are advised to check their child's credit score regularly and freeze their accounts if any suspicious activity appear.
You can read more about the report on Javelin Strategy and Researchs website