Articles Tagged with ''fraud prevention''

Companies and their Boards are struggling with increased regulatory burden and the risks associated with operating in emerging markets.  Regulators are challenging corporate compliance and governance models as companies aim to mitigate risk while shareholders expect growth.  The changing landscape for cross-border disputes, bribery and corruption and cyber-crime continues to test compliance and governance models, especially in new markets.  

One of the most important topics currently on boardroom agendas focuses on governance. Ensuring that the enterprise understands and complies with laws, regulations, policies and procedures is no longer simply enough.

Security researcher Brian Krebs has uncovered the involvement of credit bureau Experian in an ID theft operation, according to ZDNet. Experian became involved through their March 2012 acquisition of Court Ventures.

Nearly one in three victims of identity fraud chose to avoid specific merchants after falling victim to fraud, according to the 5^th Annual LexisNexis True Cause of Fraud study, which found that between 10 and 14 million U.S. consumers are victims of identity fraud every year.   

There are 10,000 active identity theft crime rings across the U.S., especially in the Southeast.