I’ve got a neighbor who’s going back to college this week and reminds me that this is by far the highest risk group for identify theft and it’s for a couple of reasons. When these kids are going off to college, it’s the first time they are getting true financial independence, which might never have been trained to handle. They have access to credit cards, to new bank accounts, and they’re managing it themselves. That’s a huge red flag that there’s going to be trouble. Number two, they’re going into an environment where their stuff is not particularly protected. They’re in a dorm room, they’ve got roommates that may need extra cash; they know they can take advantage of them. So it’s kind of a high risk environment. The third reason is because they do so much online. There’s so much social media interaction and that’s where ton of information is stolen. So you need to take some of these steps that are in this blog post. Help your students take them. It will help them out not just this year in college but helping them build their financial future going forward. Your identity is pretty much everything in terms of your net worth. You got to take care of it now.
John speaks professionally about social media privacy and identity theft to college students.