{"id":4760,"date":"2011-11-08T16:02:00","date_gmt":"2011-11-08T16:02:00","guid":{"rendered":"https:\/\/evssolutions.com\/dynamic-knowledge-based-authentication-for-fraud-prevention\/"},"modified":"2023-04-19T17:18:31","modified_gmt":"2023-04-19T17:18:31","slug":"dynamic-knowledge-based-authentication-for-fraud-prevention","status":"publish","type":"post","link":"https:\/\/evssolutions.com\/insights\/dynamic-knowledge-based-authentication-for-fraud-prevention\/","title":{"rendered":"Dynamic Knowledge-Based Authentication for Fraud Prevention"},"content":{"rendered":"

If you are a company that requires id verification<\/a>
\nduring any point of your business transactions, you want to pay attention to
\nthis blog post. Krebs
\non Security<\/a> has found a website that sells data like Social Security
\nNumbers, birthdates, mothers maiden name and more for as low as 9 cents a
\npiece. Superget.info<\/a>
\nallows users to search for a specific persons personal identification
\ninformation, or a person can purchase bulk packages of up to nearly 35,000
\nrecords at a time.<\/p>\n

So how does this apply to your company? Profit. If your
\ncompany, whether its banking
\nand lending<\/a>, insurance<\/a>,
\nor payment
\nprocessing<\/a>, has someone sign up for your products or services with this
\nfraudulent information, you will have no way to prove they are not who they say
\nthey are without using dynamic knowledge-based authentication questions.<\/p>\n

With common knowledge-based
\nauthentication<\/a> questions, all of the questions will be able to be answered
\nby someone purchasing this information. And when this happens, your company is
\nat an increased risk for losing funds. When you use dynamic knowledge-based
\nauthentication questions, you are increasing the difficulties of the questions
\nbecause only the true person should know this information.<\/p>\n

For fraud
\nprevention systems<\/a>, Electronic
\nVerification Systems<\/a> is here to serve you. Whether you want us to take care
\nof all of your identity verification needs, or if you would rather have a platform
\nyou can use internally, we have these products for you.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

If you are a company that requires id verification during any point of your business transactions, you want to pay attention to this blog post. Krebs
\non Security has found a website that sells data like Social Security
\nNumbers, birthdates, mothers maiden name and more for as low as 9 cents a piece. Superget.info
\nallows users to search for a specific persons personal identification
\ninformation, or a person can purchase bulk packages of up to nearly 35,000 records at a time.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-4760","post","type-post","status-publish","format-standard","hentry","category-fraud-prevention"],"acf":[],"_links":{"self":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/comments?post=4760"}],"version-history":[{"count":0,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4760\/revisions"}],"wp:attachment":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/media?parent=4760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/categories?post=4760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/tags?post=4760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}