Security News > 2020 > April > Identity fraud: Protecting your customers from the new kids in town

Identity fraud: Protecting your customers from the new kids in town
2020-04-01 05:00

Identity fraud affects around one in 15 people in the US and has never been higher in the UK. The fraudsters have built their own subculture as new tools and channels lower the bar for entry.

While it seems surprising, there is a way to turn identity fraud into a positive customer experience.

To combat fraud effectively, financial companies need to know what they're up against.

Rap artist Teejayx6 has even been able to hide fraud lessons in his song lyrics, turning him into a fraud folk hero.

The only way to protect yourself and your customers from these new fraud attacks is by having technology in place that lets you adapt.


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