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An identity thief used my Social Security number and birthday to open up a Robinhood account. Here's what I learned when I dug a little deeper.
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Identity theft is the unauthorized use of another's personal or financial information to defraud an individual or entity into obtaining goods or services. The term 'personal or financial information,' typically refers to a person's name, address, credit card, bank account number, Social Security number, or medical insurance account number.
Exacerbating the problem of using the Social Security number as an identifier is the fact that the Social Security card contains no biometric identifiers of any sort, making it essentially impossible to tell whether a person using a certain SSN truly belongs to someone without relying on other documentation (which may itself have been falsely ...
As you may have heard, Citibank messed up. Big time. It accidentally sent out more than 600,000 mailings to customers with their Social Security numbers printed on the outside of the envelopes.
Robinhood announced Tuesday that it will be bringing "24/7" phone support to its 31 million users. Users with a question or account issue will now be able to request a call inside the Robinhood ...
Requiring, storing, and processing personal identifiers (such as Social Security number, national identification number, driver's license number, credit card number, etc.) increases the risks of identity theft unless this valuable personal information is adequately secured at all times. Committing personal identifiers to memory is a sound ...
Users will have to meet certain criteria in order to be eligible to make these trades, such as being a U.S. citizen and having already been approved for a Robinhood Derivatives account.