HomeIdentity Risk Framework White Paper: A New perspective on How to Protect Government Programs
Identity Risk Framework White Paper: A New perspective on How to Protect Government Programs
Over the past 10 years, government programs have become highly vulnerable to fraud. There is evidence that fraud has permeated virtually every government-based benefit program – but the problem goes beyond social programs. Tax refunds have become a major target and even non-monetary programs like passports and driver’s license issuances make the list. Fraud is now so pervasive that estimating its cost has become impossible, with suggestions ranging from two-three percent to as high as five percent of total outlays. In light of the current economic climate, agencies across all government branches can no longer be passive when it comes to fraud.
Identity Risk Framework White Paper Download
Learn how to mitigate identity risk and reduce fraud costs by reading and discovering the new Identity Risk Framework. Government agencies are taking advantage of this new framework to save millions of dollars, while simultaneously protecting taxpayers. Simply fill out your email address to view the full whitepaper.
Everyone’s identity is already compromised. Criminals are taking advantage of the vast quantities of confidential personal data that is transmitted online and are using this information against us – and they are winning. All of the discussion and effort amongst governments to prevent identity theft is laudable. Unfortunately, trying to protect identities will not stop the exploding epidemic of identity fraud perpetrated against the government, particularly in tax evasion and tax fraud.
There are three critically important things government agencies should consider to help stop the current epidemic of identity fraud, and all three things challenge current assumptions in every government system:
1) Everyone’s identity has already been compromised,
2) Government programs cannot possibly know all there is to know about a person’s identity. Identities are always bigger than the government;
3) To assess an identity for risk, you have to understand identity risk outside government data.
A chiropractor billed $500K+ in services under another provider's ID. Screening could've stopped this #fraud scheme. lnkd.in/e4KXhRz