1 million kids suffer ID theft, so parents beware

National
credit card chips_450717

Adults aren’t the only ones vulnerable to the threat of identity fraud.

A new study by Javelin Strategy and Research found that one million children were the victims of identity theft in 2017.

They also found that it’s common for children to have accounts opened in their name, despite having very little existing credit card history on file.

The study also stated that two-thirds of the victims were under the age of eight. In some cases, family members were responsible for stealing their identity to open a new credit card or accounts.

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Download our news app

Get it on Google Play