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Strategies for Fighting Synthetic ID Fraud

This Data Breach alert was published at 16.03.2021 13.34 on Data Breach Today.

People’s United Bank’s Karen Boyer on Using Consumers’ Devices for Authentication
To mitigate the fraud risks posed by synthetic IDs, banks should use consumers’ devices to help with authentication, says Karen Boyer, vice president of financial crimes and fraud intelligence at People’s United Bank, based in Connecticut.

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