What if a hacker created your digital doppelganger? Synthetic identity fraud is the largest growing financial crime industry in the United States, valued at 6 billion dollars targeting children to the elderly. Financial Institutions need more than "Know Your Customer" to stay ahead of Synthetic identity fraud- they need advancing data-driven analytics that protects customer data and identities.
Join Brad and Kristy as they discuss with KPMG speaker Chadd Carr what Synthetic identity fraud is and how organizations can begin tackling these fraudulent synthetic identities.
In this episode, you will learn:
• Common signs of Synthetic identity fraud
• What has led to this 6-billion-dollar business?
• Leading technologies that can help mitigate Synthetic identity fraud