synthetic identity theft: Synthetic Identity Theft hard to detect
- 12/22/14 09:30 PM
A criminal can do a lot with “only” your Social Security number, says a report from darkreading.com. Okay, so he doesn’t have the name that goes with the number. Big deal—he’ll just make one up to go with it! This is called synthetic identity theft. And this crime has proven worthwhile for the crooks. Nowadays, there’s an increased risk for this crime, says a report by ID Analytics. This is because thieves exploit new SSN randomization practices, says Dr. Stephen Coggeshall, author of the report, and chief analytics and science officer for ID Analytics. In 2011, the SS Administration began
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