social security numbers
In the past six years, identity theft has cost Americans a staggering $112 billion. Just in the last year, the Consumer Sentinel Network (CSN), which compiles the millions of complaints of fraud and identity theft received by the Federal Trade Commission (FTC), reported 490,220 identity fraud complaints - a 3% increase from 2014.
Of 352 million notices sent out by the SSA in 2015, 223 million -- a full 66 percent -- included individuals' Social Security Numbers. Not partials, not the last four digits but the Full Monty.
State Fact Sheets: The Earned Income and Child Tax Credits Individuals who work in America must pay taxes on their income
From a purely legal perspective, our present immigration policy is more favorable to Donald Trump's plan to mass deport immigrants than it is to President Obama's attempts to keep families together.
Why are children a target for identity thieves? It's called "runway." A child's Social Security number is pristine. There is no reason for a minor to use it in connection with any financial or credit-related transaction before reaching the age of 18. Consequently, there's been no need for them, or their parents, to check their credit.
OPM said the stolen personal identification data included: Social Security numbers; residency and educational history; employment
I am a senior citizen. While this distinction entitles me to a variety of perks like discounted movies and bus fare -- as well as the occasional free doughnut (seriously) -- it's also a ticket to the identity theft lottery.
The Anthem breach alone exposed 80 million Social Security numbers, and then was quickly followed by the Premera breach that exposed yet another 11 million Americans' SSNs. The question now: Why are we still using Social Security numbers to identify taxpayers?
Your Social Security number is a skeleton key in the hands of an identity thief, but it's not just about money. Those nine digits are used in too many transactions to enumerate, and because of that, there are plenty of opportunities for them to fall into the wrong hands.
If you're an identity thief, you're going to need information. And not necessarily a lot of it. Information is probably one of the reasons identity theft is the top crime. There is so much of it, it's very easy to find and use, and in many cases is a remote crime.
Every time you go to a new doctor or dentist and they give you a clipboard brimming with documents to fill out and sign, notice how they always ask for your Social Security number? Do you dutifully give it up? Did you ever wonder if they really need it?
“No one wins when kids are not in school,” said Howard Simon, executive director of the ACLU of Florida, in a statement. “It’s
One thing is for certain: the Department of Education's mishandling of personal student financial data in this latest data breach proves that we should be wary of how the Department will utilize this type of data in the future.