The latest article in Washington Post titled "Identity thieves use sophisticated techniques to steal money" is a proof of the growing menace of Identity Theft that is plaguing the developed free world.
Once your identity is stolen, it is very very difficult for you to recover from the trauma. Based on victims' experiences (and other experiences in the comments section), we have to admit that Identity Theft is a menace and is a growing reality.
You have to know that your kids/toddlers are not safe either. Check this report on "Child Identity Theft".