Are you allowing privileged access to a fraudster?
Scammers trick you into handing over sensitive information. Hackers exploit weak spots in your network security. Imposters get in under fake names and profiles to scam others. Document thieves scavenge details to unlock access to services and qualifications.
All of them want the same thing: to steal identities.
Using false identities, fraudsters can drain bank accounts, get loans, gain property, steal superannuation, book flights, create social media accounts to scam others, and gain employment, among other things.
All it takes for your business to become a victim of fraud is for one person to copy, share or steal customer details, and your good reputation takes a nasty hit.
To prevent modern-day fraud, business security models are changing fast to the zero-trust approach: every new customer is assumed a potential intruder. Reliable identity verification is essential to ensure that only the right people gain access to the right information under the right conditions.