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Be Informed Stop Identity Theft

By Anna Grange


Due to the rise of identity theft incidents being reported yearly, many organizations are implementing their own identity theft programs to provide citizens education to fight this spiteful crime. Since becoming a victim of identity theft can be a life-changing experience, both emotionally and financially, learning to prevent the occurrence of this crime through identity theft programs can help you and your families live a normal and happy life without someone else meddling with your personal information.

Because a child's identity is pristine and often remains unchecked for more than a decade, it is uniquely desirable to identity thieves. Just as appealing to criminals is the fact that a Social Security number with a clean history can be attached to any name or date of birth.

Steve Toporoff, an attorney with the Federal Trade Commission's Division of Privacy and Identity Protection, says that while there is a feeling among industry insiders that child identity theft is a major problem, it is very difficult to quantify because, in most instances, people have no clue that they are victims until years after the fact. A recent study based on identity scans of over 40,000 children in the U.S. conducted by Richard Power, Distinguished Fellow at Carnegie Mellon CyLab, found 10.2 percent of the children in the report had someone else using their Social Security number. That figure is 51 times higher than the 0.2 percent rate for adults in the same population.

According to the Ponemon Institute, healthcare data breaches alone were up 32 percent and the average data breach loss cost $7.2 million in 2010. The Identity Theft Resource Center stated that the theft of medical data increased by 50 percent in 2011.

Using the FTC identity theft program can help other organizations hold seminars and distribute educational materials about fighting identity theft. Since education is the only key to avoiding this crime, consumers can now be aware on how to identify these problems and take immediate actions if ever they become a victim of identity theft.




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