The latest 4iQ identity breach report indicates that between 2016 and 2017 there was a 182 percent increase in raw identity records discovered by its team. Identity thieves’ tactics have become more sophisticated. Synthetic identity fraud is costing banks billions of dollars and countless hours as they chase down people who don t even exist. An eleven-year-old boy from Kansas whose Social Security number was used to rent a car and open bank accounts and credit cards in Wisconsin is concerned that others may have his identity.
Source: https://www.bleepingcomputer.com/news/security/182-percent-increase-in-id-records-on-darknet-with-kids-personal-info-being-exploited/