Fraud & Risk
What's Your Name Worth? Fake Accounts, Synthetic Identities, and Identity Theft
According to the Identity Theft Resource Center (ITRC), identity theft has been among the top three reported consumer crimes to the U.S. Federal Trade Commission for more than 15 consecutive years. This presentation from Risk Ident looks at common identity theft methods and identity fraud schemes, including those involving various forms of technology, followed by a comparison of account takeover with identity theft. Risk Ident then takes the audience on a tour of the dark web, where stolen credentials are available for sale, and provides examples of famous people who were victims of identity theft and identity fraud. The overview concludes with checklists featuring prevention methods and tools for both consumers and merchants.