Identity and Fraud Focus

Medical Identity Theft on the Rise

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Medical identity theft and fraud are rising as more private patient data is put online without adequate security measures. Not only are patients being billed for treatments they never received, medical records are being altered in ways that can have life-threatening consequences. In the most recent survey conducted by the Identity Theft Resource Center, medical identity [Read More…]

Attacking Identity Theft and Fraud with Analytics

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According to a recent study there was a increase of more than 500,000 fraud victims to 13.1 million people in 2013, the second highest number since the study began. Analytics that separate the real person from the fraudster using someone else’s name help provide maximum protection against identity theft. Our sources of credit, collections, and other private [Read More…]

The Affordable Care Act: Preparing for 2015

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January 1, 2015 is an important date for the Affordable Care Act. This is not only when large employers must begin providing healthcare coverage to eligible employees, but it’s also when organizations must start tracking all the necessary data to fulfill section 6055 and 6056 reporting requirements. While many employers believe they do not have [Read More…]

Move Past Secrets to Real Identity Verification

Account Takeover Protection for Online and Mobile Banking

Prior to the burst of social media sharing, little known facts about our lives were widely used for authentication before we were permitted access to sensitive information. For example, if someone called a retail bank to check a balance or question a DDA fee, she would provide identifying information for herself and her account, and [Read More…]

Thwarting True Name Fraud Like Never Before

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Identity theft impacts over 15 million US consumers a year, at a cost to businesses of over $50 billion annually. Many of us are worried about our identities being stolen. Can more be done to protect the consumer? Absolutely. More also needs to be done to protect businesses from fraud and theft based on identity [Read More…]

Hackers Leave Customers Everywhere At Risk

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Before most systems are hacked, a personal or corporate identity is compromised – online or offline. An initial compromise may be a very sophisticated, software-driven breach of a website’s infrastructure; such as the recent data breach reported last month at JP Morgan, where it’s reported that Russian-based hackers took advantage of a technical flaw in [Read More…]

Combating Transaction Fraud

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We have all heard the news that data breaches and the subsequent identity theft of all types is the fastest growing crime in the US today. More people and businesses are being impacted for larger dollar amounts − witness the impact of the Target and Home Depot breaches. Unfortunately, there is no such thing as [Read More…]