Over the past several years the media has put the spotlight
on payment card data crimes. While a credit theft can destroy the reputation of
an individual or business, there is other lesser-known accessible personal
information that can lead to identify theft. Commonly targeted sources of
information include HR records and healthcare files and if stolen, this
information can be just as harmful as stolen credit information. These types of
cases will only grow as records continue to be posted online. Social media is
also a common place that fosters personal information being leaked. Even
something as un-invasive as an email address can lead to total identity
theft.
EVS understands that identity thieves will take every
opportunity to find and abuse personal information. And thieves are getting
smarter and can find ways to cause greater harm with less information. Thats
why our solutions involved a holistic identity
verification process. Having a suite of diversified verification products
reduces fraud risk for any organization with confidential data. Healthcare
organizations will need to start reevaluating their fraud prevention
measures because they are regularly targeted due to their vast housings of
patient information. As thieves become savvier, businesses need to do the same.
Companies have continually been a step behind fraudsters and trying to keep
their heads above water. In order to combat and prevent fraud, companies must
be a step ahead of identity thieves by implementing fraud prevention strategies.
[Contributed by EVS Marketing]
