In this two-part series, Equifax talks with Eric Lindeen, marketing director for Zoot Enterprises, Inc., on mobile account acquisition.
Identity and Fraud Focus
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…]
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…]
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…]
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…]
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…]
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…]