How do you create a synthetic identity?

Posted on by Muna Meyer

How do you create a synthetic identity?

To commit SIF, fraudsters begin by stealing legitimate Social Security numbers from people who aren’t using their credit – usually a child, a homeless person, or the recently deceased. To build a “synthetic” identity – or thousands of them – fraudsters add fake addresses, phone numbers, and even social media accounts.

What are the 3 types of identity theft?

The types of identity theft they may face are the same as anyone else: financial identity theft, tax identity theft and medical identity theft, for instance.

How common is synthetic identity theft?

Synthetic identity theft is the fastest growing type of ID fraud and its occurrences have surpassed “true-name” identity fraud. The ID Analytics study states it currently accounts for 80 -85 percent of all identity fraud.

How do you stop synthetic identity theft?

How to help protect yourself against synthetic identity theft

  1. Keep your Social Security card and any documents that contain the number safe and secure.
  2. Beware of phishing attempts—by phone, email, or text—to trick you into sharing your Social Security number and other personal information.

Is false identity a crime?

The possession or use of false identification is a crime by itself, and if you use the ID to do something illegal, you can face additional charges and penalties for the illegal activity.

What are the 6 types of identity theft?

The 6 Types of Identity Theft

  • #1 New Account Fraud. Using another’s personal identifying information to obtain products and services using that person’s good credit standing.
  • #2 Account Takeover Fraud.
  • #3 Criminal Identity Theft.
  • #4 Medical Identity Theft.
  • #5 Business or Commercial Identity Theft.
  • #6 Identity Cloning.

What are the top 7 identity theft categories?

Types of Identity Theft

  • Financial Identity Theft. Financial identity theft is by far the most common type of identity theft.
  • Medical Identity Theft.
  • Criminal Identity Theft.
  • Child Identity Theft.
  • Identity Cloning & Concealment.
  • Synthetic Identity Theft.
  • Mitigate Your Risk.

What is synthetic identity deception?

A synthetic identity is a combination of fabricated credentials where the implied identity is not associated with a real person. Fraudsters may create synthetic identities using potentially valid social security numbers (SSNs) with accompanying false personally identifiable information (PII).