Pulse of Truth

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Cyber Security news and links to cyber security stories that could make you go hmmm. The content is exactly as it is consumed through RSS feeds and wont be edited (except for the occasional encoding errors).

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When synthetic identity fraud looks just like a good customer (www.helpnetsecurity.com)

submitted 1 day ago by lemmydev2@infosec.pub to c/pulse_of_truth@infosec.pub

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People may assume synthetic identity fraud has no victims. They believe fake identities don’t belong to real people, so no one gets hurt. But this assumption is wrong. What is synthetic identity fraud? Criminals create fake identities by combining stolen pieces of personal information such as Social Security numbers, names, and birthdates. This type of fraud is often called Frankenstein fraud because it stitches together real and fake components to form a new, convincing identity. … More → The post When synthetic identity fraud looks just like a good customer appeared first on Help Net Security.

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