More than ever, it’s important for carriers to understand how fraud operators are increasingly using stolen, manipulated, and fabricated identities as the entry point for attacks against both consumers and businesses across the payments ecosystem.
Once these false identities are established, fraud detection can become an even greater challenge to the underwriting and claims processes.
Read this paper for the latest trends:
- The rising cost of identity-based fraud and how carriers can protect policyholders and themselves with safe, secure and reliable transactions;
- How fraudulent actors continue to exploit weaknesses in established identity proofing processes;
- As fraud operators boost the efficacy of their attacks, consumers are finding themselves more at-risk than ever before.