NCFTA & FiVerity Security Bulletin – Synthetic Identity Fraud

Advisory on Synthetic Identities used by cyber-criminals to infiltrate financial institutions

FiVerity and the National Cyber-Forensics and Training Alliance (NCFTA) jointly issue a security bulletin on more effective ways to combat synthetic identity fraud (SIF).

FiVerity released the bulletin and announced its Collaborative AI Platform, a machine learning solution for detecting and preventing cyber fraud. See press release here. 

The advisory outlines the specialized tactics that SIF fraudsters use. It also highlights how the new Collaborative Platform, with its public-private partnership, is significantly more effective in fighting cybercrime. This bulletin will help protect financial institutions and their customers from cyber fraud, money laundering and other cybercrimes.