ID Analytics’ ID:A Labs study finds more than 10,000 identity fraud rings in the U.S. Study looked at more than a billion applications for bankcards, wireless services and retail credit cards. The average income of fraud ring members is unclear, but it is clearly paying off, the study’s author says. “If these people weren’t successful, they wouldn’t be doing it,” Stephen Coggeshall says. The study covered the past decade but put most of its focus on the past three years.”]
Source: https://www.csoonline.com/article/2132507/small-time-id-fraud-goes-big-time.html