Synthetic-identity fraud

Monday, 5 November 2007, 3:18 PM EST

In May 2002, Las Vegas resident Adam Gregory went on a business trip to Phoenix. He stayed at the Ritz-Carlton and charged the $1,082 bill to his American Express card - or so financial records show. In fact, Mr. Gregory didn't live in Las Vegas, never held a job and wasn't even a real person.

Rather, Mr. Gregory was a "synthetic" identity - a person who appears real on paper but is actually a fraudster's concoction designed to trick financial institutions into granting loans and issuing credit cards.

At the Wall Street Journal.

[ Read more ]




Spotlight

Compromised cPanel "Account Suspended" pages redirect to exploit kit

The code redirects visitors to another URL where the Fiesta exploit kit is hosted, which then tries to detect and exploit several vulnerabilities in various software. If it succeeds, the visitors are saddled with a banking Trojan.


Weekly newsletter

Reading our newsletter every Monday will keep you up-to-date with security news.
  



Daily digest

Receive a daily digest of the latest security news.
  
DON'T
MISS

Fri, Feb 27th
    COPYRIGHT 1998-2015 BY HELP NET SECURITY.   // READ OUR PRIVACY POLICY // ABOUT US // ADVERTISE //