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Cyber Security

LexisNexis Fraud Intelligence Synthetic Score improves synthetic identity fraud detection

LexisNexis Fraud Intelligence Synthetic Score analyzes hundreds of unique identity characteristics and events to help businesses identify inconsistencies and fraud patterns in application profiles. The tool uses data sets and high-powered analytics to examine application profiles associated with synthetic fraud to arrive at a three-digit numeric risk score ranging from 001 ‘ 998. The lower the score, the lower the risk of synthetic identity fraud, the higher the risk. Synthetic identity fraud has become the preferred method for many criminals.

Source: https://www.helpnetsecurity.com/2021/07/29/lexisnexis-fraud-intelligence-synthetic/

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