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It is the most common thing I hear from parents, and it is the belief that leaves more children exposed than any other. My child is too young to be a target. There is nothing to steal. No money, no accounts, no credit. Why would anyone want a five-year-old's information? I understand the logic completely, however it is also exactly backward. A child is the perfect target. Why young is the point A criminal is not after a child's bank account, because there isn't one. They are

A child's Social Security number is issued within days of birth and from that moment it begins to travel. What was created to track retirement earnings now follows a person for the rest of their life. Nearly every Social Security number in this country is requested at the hospital, on the same form that produces the birth certificate. The application goes to the state and they send it to the Social Security Administration. The number arrives in the mail a few weeks later. Tha

Why today's school cyberattacks can affect a child's financial future for decades. By Diane Sacks, Founder & CEO, Parencor When a school district suffers a ransomware attack, the headlines focus on what happens immediately. Classes are disrupted, systems go offline, parents receive notification letters, and eventually life returns to normal. But for many children, the real risk is only beginning. Unfortunately, schools have become one of the largest repositories of children's

The Social Security Number was never meant for this. By Diane Sacks, Founder & CEO, Parencor Nearly a century ago, the Social Security number was created for a simple purpose: to help the government track workers and administer retirement benefits. No one imagined that one day it would become the master key to a person's financial life. Today, that same number is used to establish credit, open financial accounts, verify employment, obtain mortgages, receive student loans, fil