Six-year-old Susie is excited about her first day of school. She lets go of her mom's hand, looks back and waves at her as she climbs the steps of the big yellow school bus. When she reaches the top step, she presses her face against a machine that looks like binoculars — an iris scanner — which confirms that she has boarded the bus and then she takes a seat next to her best friend.
Fast-forward 12 years, and little Susie is all grown up and ready to buy her first car — but there is a problem. The car salesman explains to Susie that there is an issue with her credit, and they won't be able to finance the car she worked for throughout high school. As it turns out, Susie's identity was stolen by a hacker, years before she was even old enough to know what credit was. Using the biometric information collected by her school, the hacker obtained loans and credit cards all during her school years. Is this a far-fetched scenario? Not really.