Identity Fraud in the Age of the Dark Web
Identity Fraud in the Age of the Dark Web
Presenter: Eric Thompson, Fraud and Identification Consultant, Decision Analytics at Experian
When: Tuesday February 26 2019 (REVISED DATE)
The pace of data breaches continues to rise. With the prevalence of personally identifiable information (PII) available from fraudsters, identity management methods have had to evolve. It has been noted that a Canadian PII (individual’s name, date of birth, social insurance number, phone number, banking information, etc) is available on the dark web for roughly $25.
Several key factors have proven effective in mitigating this increasing threat, but it requires a deliberate strategy that goes beyond traditional identity screening. This requires looking beyond traditional risk sources and leveraging advanced analytics in fighting identity fraud.
Experian’s Identity Management expert, Eric Thompson will discuss trends in the industry, the impact of the dark web and strategies, which help uncover fraudulent identities in a portfolio as well as preventing the fraudulent identity from entering the portfolio.
During the session, gain greater insight into:
ID Verification
- Risk based methodology
- Layered approach using alternative data sources
- Reducing the reliance on PII in the process
Device assessment
- Holistic Identity considering the person and the device
Tailored and custom fraud detection models
- Improved model performance with heterogeneous data
- Machine learning improving model performance
Portfolio monitoring
- ID assessment after verification
Eric Thompson is a Fraud & Identity subject matter expert within Experian’s Advisory Services group. Prior to joining Experian, he has led digital fraud and security teams at major financial institutions, responsible for managing fraud and identity risk process and controls, protecting customers' assets and privacy. He designed and implemented layered security strategies delivering risk-based controls across a multitude of online and mobile servicing applications. Thompson has been an active thought leader and visionary, partnering on fraud and security efforts across the financial services industry for years in cross-functional working groups, such as the eFraud Global Forum and FS-ISAC.
For more information, and to register for this event, please visit our website.
Location: Vantage Venues (formerly The St. Andrew's Club)
150 King St, West - 27th floor, Toronto, ON, M5H 1J9
8:30 am - 9:15 am - Continental Breakfast & Networking
9:15 am - 10:30 am – Presentation and Q&A
Paid Member Price: Free
Non-Paid Member Price: $50
