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Study: Kids Are 51 Times More At Risk for Identity Theft Than Adults

Posted on Friday, November 18th, 2011 by

A new Carnegie Mellon CyLab study has found that kids under the age of 18 are 51 times more likely to become victims of identity theft than their parents. Tracking more than 40,000 juveniles revealed that 10.2% — or 4,311 kids — fell prey to some sort of identity theft or fraud, compared to just 0.2% of adults. This website reports on the CyLab results and says “the main reason minors’ identities are so valuable — specifically their Social Security numbers — is that there’s no process in place to double check what name and birth date are officially attached to each number [so] as long as the identity thief has a Social Security number with a clean history, the thief can attach any name and date of birth to it.” Read More

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