For any parent, back-to-school season is always a hectic time. From shopping for new clothes and school supplies, to completing a plethora of enrollment forms and applications, you may be juggling several tasks to get your child and family tuned in to a new school year. However, as parents of school-age children, be aware that this is also that time of year when your child’s identity is at maximum risk of theft. In the frenzy of filling out dozens of forms for sports teams, school programs or extra-curricular activities, you may unwittingly be handing out your little one’s sensitive information to imposters.
Although most of us believe that identity theft is an adult problem, children are 51 times more likely to be targeted by fraudsters. In fact, in 2017, over 1 million children in the US were victims of identity fraud, resulting in over $540 million out-of-pocket costs to the affected families.
At Crown Information Management, we are in the business of protecting physical and digital records, including safe storage and secure disposal. Our records management experts understand the loopholes that identity thieves exploit, and can help you in keeping your child’s identity safe. Read on to know how you can identify and prevent this rampant problem, and protect yourself and your young ones from potentially huge debts.
If a child’s Personally Identifiable Information (PII), particularly the Social Security Number (SSN) falls into the hands of imposters, they can use this information for unlawful gains in several different ways. Since children’s SSNs are not active and they don’t have a credit history, fraudsters provide this information to:
Unfortunately, this problem could go unnoticed for several years, until your children start applying for loans or credit cards of their own. So what are the red flags to look out for? How will you know if your child is already a victim?
Here are some signs you should be wary of:
Safeguard your child’s identity by following these simple steps.
Looking for a professional information management company for secure storage or safe disposal of your physical or digital records? Count on the experts at Crown Information Management. Call 800-979-9545 to discuss your requirements, or contact us online for a free estimate.