From the testimony of Theresa Gruber, Assistant Deputy Commissioner for Operations, Social Security Administration to the Senate Special Committee on Aging:
In May 2013, we added key measures to combat fraud through our on line MySocialSecurity portal. For example, we have added unique and stringent fraud protection tools to our online registration and authentication technology. Because of these changes, we have seen a significant drop in the volume of successful MySocialSecurity registrations - indicating we may be preventing some fraudulent accounts from being established. We also established an executive-level workgroup tasked to identify additional fraud deterrent measures to explore and implement, including items recommended by OIG. We will be implementing several of these real-time fraud prevention measures by the end of the year. In August 2013, we will eliminate the ability change payment information via the internet for users who have a block in place.
Some things to note here. At the moment, putting a block on one's online MySocialSecurity "portal" doesn't prevent some stranger from using one's online MySocialSecurity "portal" to divert your Social Security benefits to a bank account they control. Are you kidding me? What does a "block" mean if it doesn't block this? Why is Social Security even pretending that a "block" is of some use when they know it is worthless and they don't have a plan to change this situation for at least another couple of months? Second, now that Social Security has implemented new fraud prevention measures, they've seen a significant drop in online registrations. This indicates one of two things: either fraudulent registrations were a significant part of all registrations or a significant number of those who want to establish an account for genuine reasons are being thwarted by the new security measures. Either way, this isn't good news.