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Synthetic Identity Fraud and Social Security Numbers–Yet Another Battle to be Fought
It sounds like a strange title for a vulnerability–“synthetic identity fraud”–but it’s not really that far-fetched. In simple terms the concept is used to describe situations where a “genuine social security number is used alongside a false name and date of birth to get credit or some other monetary benefit,” and it was one of the topics discussed in detail at this week’s Federal Identity Forum and Exposition in Tampa, Florida. Reporter Shaun Waterman, in a post on www.afcea.org, provides some background on the mechanics of this type of fraud and how it shows up in practice. Read his post here…
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