Keir Breitenfeld, Senior Business Consultant, recently sat down with host, Cameron D’Ambrosi on the State of Identity Podcast to discuss the emergence of synthetic identity fraud, its true financial impact and how organizations can begin to fight back.

Synthetic identity fraud is an epidemic impacting all markets.

There is a strong focus on new and underbanked consumers, which can pose a large threat to your onboarding and customer management policies, and most importantly, overall profitability. Fraud slows down systems, drives up costs and exploits the unsuspecting.

In our latest tip sheet, Four Common Synthetic Identity Scenarios, we provide real-world examples of how synthetic identity fraud is souring various markets, from auto and healthcare to financial services and the public sector.

Join OWI host Cameron D’Ambrosi and Experian Fraud & Identity Management Senior Business Consultant Keir Breitenfeld as they discuss the impact of NIST’s latest 800-63-3 Digital Identity Guidelines, and how enterprises are adjusting their digital identity strategies to adapt.

Fraudsters are determined and relentless. With constantly evolving schemes and alternative methods, fraud prevention has become more difficult than ever. Factor in economic conditions, regulatory requirements and resource limitations and you might feel like it’s impossible to keep pace. So, how can you stay a step ahead?

These five strategies can help you outmaneuver fraudsters— decreasing risk while ensuring the positive experience your customers deserve.