The Internet has experienced phenomenal growth in higher education. In addition to many pedagogical benefits, there are potential risks to the student users, including identity theft. This study examined the extent to which selected online practices that could minimize the risk of financial identity theft are used by college students. Data were collected from over 7,000 students at one Midwestern university. Multivariate analysis was used to analyze students' ability to identify a secure Internet site, and to buy from a secure site. Gender, age, and race were among the significant variables. The results have implications for educating students about Internet related risks. (Contains 3 tables and 1 figure.)