4 Biggest Targets for Identity Theft

By Simple. Thrifty. Living.

Identity theft is a growing threat throughout the world. Thieves continue to create more advanced, sophisticated and unpredictable methods to steal valuable personal information. In 2012 alone, 16.6 million Americans were victims of identity theft. The risk is real, and everyone is a target.

Identity theft occurs when a thief gains unauthorized access to important personal documents and information, such as your Social Security or credit card numbers, and illegally uses these numbers to make purchases, obtain credit or loans, or benefit in other ways. Certain groups are targeted more often than others. If you fall into one of the following four groups, take precautions to protect your identity.

1. People Aged 18 to 24

Young adults ages 18 to 24 are one of the groups most susceptible to identity theft. In fact, in 2006, 29 percent of identity thefts reports came from young adults. Young people who use credit cards for the first time are at increased risk because they may not understand how to protect their information adequately.

Many people in this group swipe debit and credit cards at a higher rate than older people and tend to post lots of personal information on social media, giving thieves another access point. Young …read more

Source:: Huffington Post – Money


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