How to Choose the Right Fraud Prevention Equipment for Your Business
Learn about the different types of synthetic identity fraud/theft and how to protect yourself and your customers
Synthetic identity fraud (SIF) is a type of fraud in which a criminal combines real identity attributes, such as a social security number (SSN), with fake personally identifiable information. For example, a synthetic identity may be comprised of a real SSN with a fake name and address, resulting in a combination that does not align with an actual person.
Just how prevalent is SIF, who does it impact, and how can you stay protected?
