Why do you NEED my Social Security number?
(Source – www.clarkinsurance.com)
Let’s start with a fact: In a 2009 study by Javelin Strategy & Research, 38 percent of identity theft victims said “the perpetrator had obtained their Social Security number and used it in the crime.” Identity thieves are getting bolder and better at extracting information from trusting potential victims. So who really needs your Social Security number and when should you comply?
First, think about the term Social Security. The word “security” ought to trigger your defensive instincts when it comes to being compromised. Your government-issued Social Security number is the basis on which not only federal retirement benefits are issued but it is the unique identifier for many government services to which you are entitled. It also is the identifier for the obligations you have as a taxpayer. Read more…