1.7 million U.S. children had personal information exposed in data breaches in the past year, putting them at heightened risk for not only identity theft but also subsequent identity fraud. When a child’s identity is breached, it takes a toll on the entire family. And when identity fraud results, it costs the average household $1,128—$752 for the fraud itself and $376 out-of-pocket to resolve the fraud. What’s more, it takes families, on average, 16 hours to resolve child identity fraud—an astounding 7 hours longer than it takes to resolve adult identity fraud.
Join Tracy Kitten, the author of the report and director of the Fraud & Security practice at Javelin Strategy & Research, along with Ben Halpert, founder of Savvy Cyber Kids, Dave McCain, special agent with the United States Secret Service, and a child identity fraud victim’s parent, as they discuss the perils of social media, unrestricted internet access, and why criminals are increasingly targeting children’s identities. Attendees will walk away with many insights and ideas about how to protect children from identity theft and how to prevent child identity fraud.
Join the conversation to learn about:
- What puts children at the greatest risk of having their personal information exposed in a breach
- How parents can start conversations with their children to make them aware of the risks
- The role of banks, credit unions, insurers, ID protection services, government, and law enforcement can and should play in raising awareness about child identity fraud