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White Paper & Bulletins

Synthetic Identity Fraud – A New Front in the Cyber Fraud War

By November 20, 2020November 24th, 2020No Comments

Synthetic Identity Fraud (SIF) is one of the biggest problems facing financial institutions, e-commerce companies and all forms of online businesses today. The FBI says this fastest growing financial crime in the United States targets some of society’s most vulnerable citizens: children and the elderly.

Essentially, SIF presents a major risk to any business that provides loans, transacts sales online and depends on inbound customers to create new accounts.

This Whitepaper covers a range of topics, including an overview of synthetic identity fraud (SIF), and the sources and reasoning behind SIF schemes and their impact. Also discussed is a collaboration-based and machine learning solution for SIF and how businesses can mitigate the risk of synthetic identity fraud moving forward. 

Access the White Paper today to learn more