When identity thieves look to obtain the information of others to commit fraud, there are a number of methods they may use. This includes data breaches and phishing schemes, both of which can be used to obtain the information of a considerable number of victims at once. However, not all of these scams are random, and you may find that certain groups are targeted as they are more vulnerable to identity theft than others. As such, understanding who is at risk and the steps you can take to help deter theft is critical. The following blog and a Michigan identity theft lawyer can help.
What Groups Are Vulnerable to Identity Theft?
Unfortunately, certain groups are more prone to identity theft than others for several reasons. For example, the elderly are often targeted as they tend to have built-up funds and do not apply for lines of credit as often as younger adults. As such, many senior citizens do not check their credit reports often, meaning any unauthorized accounts or lines of credit can go unnoticed. Additionally, seniors may not be as up-to-date with technological advancements, which makes them prime targets for phishing and other scams.
Another group often targeted by identity thieves is children. Children are often seen as “blank slates” because they have no previous credit history. As such, thieves can quickly secure several loans and make purchases before abandoning the identity. Because parents don’t know how to check their child’s credit score, like seniors, the theft can go unnoticed for extended periods, leaving the victim in shambles when they become an adult and begin applying for loans on their own.
Finally, you’ll find that those serving the nation are also at an increased risk of identity theft. When servicemembers are deployed, they may relocate frequently, have limited access to check their credit report, and may be unable to receive mail that could alert them to potential fraud. As such, identity theft can go unnoticed for an extended period while they are serving.
What Can Be Done to Prevent This From Happening?
Generally, one of the most important things you can do to help prevent identity theft for particularly vulnerable groups like children or senior citizens is to place a credit freeze on the account. This essentially locks the credit of the individual, meaning creditors cannot extend lines of credit in their name. In the event a senior needs to apply for a loan, they can “unfreeze” the account and proceed. Similarly, the child’s account can be accessed when they turn 18 and begin applying for loans.
Those in the armed forces can utilize military active duty alerts, which, like fraud alerts, require creditors to verify your identity before opening accounts in your name as you are deployed.
If you or a loved one has been impacted by identity theft, the most important thing you can do to help minimize the impacts of this crime is to connect with an experienced attorney with Lyngklip & Associates. Our consumer defense firm understands how devastating identity theft can be, which is why we are committed to doing everything possible to help you during these complicated matters. When you need help, do not hesitate to contact us to learn how we can assist you.
