A new report says synthetic identity fraud is one of the most successful forms of identity theft today. Since 2010 crooks have managed to bump up the average fraud rate using synthetic identities by more than 100 percent. The Social Security Administration started issuing SSNs in random order rather than an expected pattern back in 2011 to offer better protection for citizens beleaguered by growing identity theft practices. Gartner estimates that synthetic identities make up 20 percent of credit charge-offs today and 80 percent of losses from credit card fraud.”]
Source: https://www.darkreading.com/attacks-breaches/synthetic-identity-fraud-a-fast-growing-category