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In the video tutorial, it is explained that changing your social security number is possible in certain cases, such as identity theft or fraud. In 2021, nearly 6 million fraud cases were reported to the FTC. The process of getting a new social security number is outlined in three stages: identifying if your number was stolen, determining eligibility for a new number, and navigating the process of getting a new social security number. Various methods, such as physical card theft, can lead to your social security number being compromised.