Sunday, January 29, 2023

[SPECIAL SERIES: FRAUD WEEK] Balancing Risk & Reward: The New Mobile Battlefield

The latest LexisNexis® Risk Solutions Cybercrime Report dives into an analysis of transaction data from the LexisNexis® Digital Identity Network® during July – December 2021. The report reveals a substantial shift to mobile fraud over the last four years. Human initiated attacks rose for...

[SPECIAL BLOG SERIES: FRAUD WEEK] Discover the True Cost of Fraud for SNAP Agencies

What’s the financial impact of fraud on Supplemental Nutrition Assistance Program (SNAP) agencies? How big is the affect not only on the agency, but on the people who rely on these critical services? During Fraud Week, we’re taking a look at how much fraud is...

[SPECIAL BLOG SERIES: FRAUD WEEK] Welcome to Fraud Week!

This week, Fraud of the Day is featuring a series of blogs centered around International Fraud Awareness Week, and the tools and solutions LexisNexis® Risk Solutions have to help you address your fraud and identity challenges. Every November during Fraud Week, hundreds of organizations around...

A Lifeline For Fraudsters, Too

There is no manual written on what to do for economic security during a pandemic. The Covid-19 pandemic was first recorded in the United States on January 13, 2020. On March 13, 2020, the President of the United States declared a nationwide emergency. Businesses...

SPECIAL ALERT: New Study Released on Pandemic-Related Identity Fraud

According to the Pandemic-Related Identity Fraud Crime Victim Impacts Report, the past two years have brought about an unprecedented surge of government benefits-related identity fraud. The Identity Theft Resource Center (ITRC), a nationally recognized nonprofit organization established to support victims of identity crime, and...

[Fraud Trends Series] Trend #10: Workers’ Compensation Fraud

This is the final blog in our Top 10 Fraud Trends in 2022 series. The Bureau of Labor Statistics (BLS) confirms that private industry employers reported 2.7 million nonfatal workplace injuries and illnesses in 2020. While these numbers declined by 5.7 percent from the previous...

[Fraud Trends Series] Trend #10: Workers’ Compensation Fraud

The Bureau of Labor Statistics (BLS) confirms that private industry employers reported 2.7 million nonfatal workplace injuries and illnesses in 2020. While these numbers declined by 5.7 percent from the previous year (that’s good news, at least), it’s important to note that total reported...

[Fraud Trends Series] Trend #9: Social Security and Retirement Fraud

Social Security numbers can be likened to the “Golden Ticket” that gets Charlie into Willy Wonka’s Chocolate Factory. Identity thieves love them because these 9-digit numbers can be used to obtain credit cards or other loans, open bank accounts, apply for a job, file...

[Fraud Trends Series] Trend #8: Tax Refund Fraud

In 2021, the Internal Revenue Service (IRS) conducted more than 2,500 investigations, identified more than $10 billion in tax fraud and financial crimes, and had a 90 percent conviction rate. (I guess you could say that is the silver lining in the proverbial black...

[Fraud Trends Series] Trend #7: Housing and Rental Assistance Fraud

The Emergency Rental Assistance program was developed during the COVID-19 pandemic to help alleviate the fears of Americans facing rental debt, evictions, and the basic loss of housing security. The idea was to provide funding to assist households that were unable to pay rent...
- Advertisement -

Get Your Fraud Fix!

Five days a week wake up to the most current fraud article in your inbox.