Impersonation fraud — where a cybercriminal pretends to be someone they aren’t in an attempt to make off with funds — gets a lot of...
Synthetic ID fraud costs banks $2 billion a year. The bad guys are so crafty that the credit bureaus are unwitting accomplices to the fraud. ...
Discussions about ID theft often involve hackers and cyberattacks gaining access to consumer and payment data. But action from the U.S. Federal Trade Commission (FTC)...
A new type of credit card fraud is emerging, dubbed “synthetic identity theft.” In instances of synthetic identity theft, cybercriminals create new identities to credit...