close Video White House explores alternatives to Social Security numbers The administration is looking for ways to stop using the numbers for identification amid more hacks. Social Security is running out of money. You may not believe that, but it’s a fact. That FICA money taken from your paycheck was not saved for you in a “trust fund.” Politicians misled us. They spent every penny the moment it came in. This started as soon as they created Social Security. They assumed that FICA payments from young workers would cover the cost of sending checks to older people. After all, at the time, most Americans died before they reached 65. Now, however, people keep living longer. There just aren’t enough young people to cover my Social Security checks. So Social Security is going broke. This year, the program went into the red for the first time. Presidents routinely promise to fix this problem. George W. Bush said he’d “strengthen and … [Read more...] about John Stossel: Social Security is going broke
Getting new social security number
Minnesota is inching forward on a yearslong, major project to beef up security for everyone with a driver’s license, tax form, or Social Security number stored on a state computer. So pretty much all of us. The state needs $10.6 million — and has so for several years — to get it done. It’s gotten $0 from the Legislature and Gov. Mark Dayton. Members of the Republican-controlled Legislature and Dayton, a Democrat, have blamed each other for what has become, for three years in a row, a casualty of the often-political and acrimonious budget process. RELATED: What’s it like inside Minnesota’s most secure computer room? Meanwhile, MNIT, the state’s information technology agency, has quietly plodded ahead in small steps that began years before, with the hope, officials say, of staying ahead of a successful cyberattack, which could cost taxpayers millions of dollars, as well as untold inconvenience. State computers contain tax forms (including … [Read more...] about Our driver’s licenses and Social Security numbers are on these servers. The state wants to make them safer.
Facebook users in the United States who want to run certain ads on the platform will need to hand over the last four digits of their social security number and a picture of a government-issued ID.The social network now requires anyone who wants to run ads related to political campaigns, civil rights, immigration, guns, economy, and other issues, to prove they're in the United States. Part of the proof required is the last four digits of your Social Security number.The move is part of a series of initiatives by Facebook to increase transparency on the platform after a Russian government-linked troll group spent thousands of rubles on Facebook ads targeting Americsans ahead of the 2016 presidential election.In addition to a Social Security number, users wishing to buy ads will need to provide a picture of a government-issued ID and a US mailing address. Once Facebook verifies the information submitted, the company will mail a code to the provided address to … [Read more...] about Facebook now requires your Social Security number to buy political ads
Identity theft, or identity fraud, once meant crooks were churning out fake credit cards. But as that became easier to detect, a more insidious crime has evolved: the creation of completely new identities.Known as “synthetic identity theft,” it involves fraudsters using a combination of fake information, such as a fictitious name, and real data, like a child’s Social Security number, to create fraudulent accounts.It is a growing problem, says Eva Casey-Velasquez, president and CEO of the nonprofit Identity Theft Resource Center.But the scope of the problem is difficult to determine because the crime can go undetected for years, she says. However, the rate of children’s identity theft was more than 50 times that of adults, according to a 2011 report by Carnegie Mellon University’s CyLab, which studied the identities of over 40,000 children. And that report was published before a change in the way Social Security numbers are issued … [Read more...] about How thieves are creating false identities using your child’s Social Security number
0 Have your say This Social Security Bill matters. Not just for those Scots who rely on benefits, now or in the future, but for Scotland as a whole. When it was announced that Holyrood would be getting more powers in this area, Citizens Advice Scotland (CAS) made the point that this should not just be about applying technical fixes to an imperfect system, important though these are. It was also a unique opportunity to create a new social security network, one which addresses the particular needs of Scotland and its people.We called for the new system to be fair, equal and responsive and the government’s commitment that it should indeed be based on dignity, fairness and respect is commendable.However, making those statements a reality is not easy when it comes to designing and implementing services. That is why we have been engaging with the Minister and her team to ensure that appropriate checks and balances are built into both the bill and the new agency to ensure … [Read more...] about Rory Mair: Why Scotland’s new Social Security Bill really matters