Synthetic identities fuel application fraud
Data breaches have given fraudsters access to massive quantities of personal data, which they have mixed with fictitious data to create fake identities, enabling fraud at mass scale. Unlike identity theft, where the identity of an actual person is used, synthetic identity fraud is not impersonating an individual, leaving only your organization as the victim and making it much harder to detect.
Frauds enabled by synthetic identities
From the Blog
How can we help?
Would you like to learn how we help our customers overcome the threat of synthetic identity fraud?