Case Study of the Week: Preventing Identity Theft

Sep 25, 2023

Personal Financial Literacy

You are to assume the role of a financial resource consultant. A young client is nervous about identity theft after opening a bank account and credit card and has asked for protection information.

The young client recently opened a bank account for the first time. The client has a checking account and a savings account with a national bank chain. The national bank chain also provided the client with a debit card. The client can access personal account information using the bank’s website and the bank’s mobile app.

The client also was approved for a credit card with a credit limit of $2,000.

The client is nervous about identity theft and has asked you how identity thieves obtain personal information to steal identities, actions the client can take to protect their personal information and steps to take to safely manage finances using mobile technology.

Questions?

Randi Bibiano
Competitive Events Specialist
randi@deca.org

Randi Bibiano is DECA's competitive events specialist. In this role, she conceptualizes and authors role-play scenarios for the collegiate and high school division’s competitive events programs. She also manages DECA's online competitive events and serves as a liaison to volunteer efforts at DECA's educational conferences.

Discussion Questions

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Classroom Connection

Career CLuster:

Personal Financial Literacy

Instructional Area(s):

Managing Risk

Performance Indicators:

Explain methods used by identity thieves to obtain personal information to commit a crime
List actions that an individual can take to protect personal identification information
Describe steps people can take to safely manage their finances using mobile technology