The 21st Century is often referred to as the information age; the developing global marketplace has contributed to the entrance of new cultures and economies into the competitive global economy. Due to globally available infrastructure and the development of global telecommunication/computing capabilities, it has enabled individuals, companies and countries to compete globally on a level playing field with traditional Western powers even from some of the most remote parts of the world. Unfortunately this has also created conditions in which the threat of corporate espionage has been rapidly proliferating due to the ease threat actors can ply their trade both through physical and virtual actions against U.S. corporations.
The identity theft rate for children is 51 times higher than the rate for adults, according to new research. These long-term frauds can be devastating to a child's future, as a preexisting bad credit score can make it difficult to secure student loans, housing or a job.