New account fraud up 28 percent in 2019

New account fraud -- attempts by an individual to create a new online account by manipulating a government-issued ID -- is up 28 percent this year according to a new report. Data from trusted identity provider Jumio shows this type of fraud has increased over 100 percent on 2014 levels. Often the first step in identity theft starts by creating a new account online. This is usually done to get money and credit or make purchases, but identity theft is also being used to perpetrate online fraud, steal property, falsify educational and other credentials, access healthcare and launder money. "As… [Continue Reading]