Bad actors can use Social Security numbers to steal your identity, open bank accounts, apply for a loan or receive medical care under your name. Many of the biggest hacks in recent years, including those targeting Equifax , insurance company Anthem and the US Postal Service , have left Social Security numbers exposed. Because these numbers are so closely tied to our identities, it raises the question: Why are we still using Social Security numbers as ID? In 1936, the Social Security number was introduced to track a worker’s earnings history for benefits, according to the Social Security Administration. […]
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