Synthetic identity fraud occurs when fraudsters use a blend of real and fake information to create a “new” individual. In some cases, the information used is entirely fake. The bad
As part of my role at Emailage, I interact with my counterparts from major fraud prevention providers who are busy developing cutting-edge capabilities to meet new fraud trends and beyond.
According to online fraud pioneer Brett 'Gollumfun' Johnson, "A complete identity profile of a specific victim is sold on cybercrime forums and DarkNet marketplaces every day for as low as
In the past, synthetic ID fraud was the tactic of consumers with poor credit ratings. Back then, it was also known as a “credit bust out” with the goal to