We believe synthetic identity and first party fraud losses are on the rise and are being masked as regular credit losses. In this webinar, we’ll deep dive into Gartner’s report, “The Growing Problem of Synthetic Identity and First-Party Fraud Masquerades as Credit Losses.” We’ll dig into their findings and examine the problems and impact of synthetic identity and first party fraud losses on businesses.
In Part 1 of this webinar series, we’ll explore these areas:
- Explain the difference between synthetic identity, stolen identity, and first party fraud loss
- Dive into why financial institutions often mistake these types of fraud for typical
- Review the impact of this fraud on financial institutions
*Gartner: Take a New Approach to Establishing and Sustaining Trust in Digital Identities, Tricia Phillips, Danny Luong, 1 March 2018.