Synthetic identity fraud is when a criminal combines real and fake information to create a new identity. This data is then used to open fraudulent accounts, make fraudulent purchases and steal from creditors, including credit card companies that extend credit based on the fake identity. Synthetic identity fraud costs American businesses an estimated $50 billion per year1 and accounts for over 80% of all identity fraud.2
Former U.S. Most Wanted Cybercriminal, Brett Johnson, is an expert in synthetic identity fraud with first-hand experience. He will divulge the specifics behind how it works and what you can do to stop it. Learn the latest techniques that are used by fraudsters to create synthetic profiles, build fraudulent credit reports, commit the crimes and cash out.
Watch now to learn:
- How fraudsters succeed with synthetic identity fraud
- Why fraudsters are choosing synthetic identity over stolen identity
- Why synthetic identity fraud is so difficult to detect
- What fraudsters are using as workarounds to complete their hacks
- How to uncover fraudsters’ attempts in real time
- How to confidently authenticate new consumers
If you haven't already, watch part one of the webinar series featuring Brett Johnson, "Combating Social Engineering and Account Takeover by a Former U.S. Cybercriminal".
Presenters:
Brett Johnson, Keynote Speaker and Cybersecurity Consultant / AnglerPhish Security
Brooke Snelling, Senior Product Marketing Manager at iovation
