Fraud Summit - Chicago 2014 - Identity fraud and the creation of synthetic identities often result from identity theft, but the strategies organizations follow to prevent ID theft and ID fraud are very different. Register for this session to learn:
How the industry defines ID fraud and ID theft;
Why banking...
Fraud Summit - San Francisco 2014 - It has been nearly three years since the FFIEC issued updated guidance aimed in part at curtailing incidents of corporate account takeover. Yet, banking/security leaders today say their current anti-fraud investments have done little to reduce fraud incidents or losses. Register for...
A new identity fraud study shows that consumers who are victims of a payment card breach are at greater risk of fraud than victims of other types of breaches, says Al Pascual of Javelin.
The use of synthetic identities is a rising concern for organizations, and financial institutions are often the ones taking the hit for the fraud, says Claudel Chery of the U.S. Postal Inspection Service.
Medical identity theft, an often underestimated crime, is one of the fastest growing offenses in America. It has claimed more than 1.8 million domestic victims so far this year - a 19 percent increase from 2012 - and is expected to get worse before it gets better.
A recent ATM skimming scheme linked to the theft of hundreds of thousands of dollars is an indicator of a coming surge in this type of fraud, experts say. Learn about the causes of this trend.
Using "synthetic identities" to commit fraud is becoming easier, but it's increasingly difficult for organizations to detect this type of deception, says Claudel Chery of the U.S. Postal Inspection Service.
Two states are testing new technologies that, if successful, should make it easier for citizens to securely access government services online with the side benefit of mitigating fraud and identity theft.
Hackers allegedly trafficking in personally identifiable data have reportedly breached the computers of three major data aggregators, raising doubts about knowledge-based authentication as a tool to verify identity.
Online account takeover occurs when an unauthorized party gains access to an existing bank account by stealing the access credentials and is followed almost invariably by the illegal movements of funds. In today's increasingly connected world, the growth in connectivity, convenience, speed, technology adoption, and...
Phishing attacks aimed at banking employees are up 44 percent this year. But institutions are not getting better at thwarting the attacks. What's wrong with their approach, and how can they fix it?
Three class action lawsuits filed against MAPCO Express raise questions about determining the actual cost of card compromises at retailers. Experts discuss why estimating losses is difficult.
Cyber-attacks are taking aim at governments, banks and organizations across numerous sectors, says former FBI investigator Shawn Henry. But how much do we know about the actors waging these attacks and who their top targets are?
Another organized cyber-attack and subsequent cash-out scheme illustrates increasing risks to the U.S. payments chain. One fraud expert says this trend "is of grave concern" for banking institutions and their accountholders.
Which ID theft trends are top-of-mind in 2013? Increases in medical and government ID theft, and compromised mobile devices, need to receive more attention, says the ITRC's Eva Velasquez.
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