First appeared on BigIslandNow.com
As children head back to school, Hawai‘i’s Better Business Bureau is reminding parents to make sure they are doing all they can do protect their children’s identity.
Despite the focus on adult identity theft, children actually have a 51% higher identity theft rate than adults. On average, a case of child identity theft will result in approximately $12,779 of debt.
Children may not have bank accounts or credit cards that can be compromised in identity theft, but their personal information can be used to create a synthetic identity. An estimated 80% of identities stolen are used in this way.
When it comes to a child’s identity, a criminal can take the child’s social security number and apply that to a fake name and an adult’s birthday and address to create a new identity.