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08/12/2019

Lost amid the Equifax and Capital One hacks: Identity thieves targeting kids with ‘blank slate’ credit histories

MarketWatch

People are understandably concerned about their online privacy in light of recent data breaches, but their children should also exercise caution.

Capital One COF, -1.33%  last month became the latest company to announce a massive hack, revealing that more than 100 million U.S. customers’ personal information — including “tokenized or encrypted” Social Security Numbers and linked bank-account numbers — had been stolen. The news came just days after an announcement that the credit-monitoring company Equifax EFX, -0.80%, whose 2017 hack exposed around 147 million people’s personal information, had agreed to a $700 million settlement.

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