ZDNet reports children have been increasingly popular for identity theft thanks to their lack of credit history, making them ideal for conducting fraudulent purchases, taking out loans and other transactions that might be impeded by an adult’s credit history. "On the dark web in this criminal data trade, freshness is the name of the game. Vendors pride themselves on having fresh data that their buyers are able to exploit effectively," said Emily Wilson, vice president of research at cybersecurity and intelligence firm Terbium Labs. In light of this trend, Wilson urges banks and retailers to increase their need for more forms of identification and information when providing credit.
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