Fraud Prevention
These posts are about CDYNE Web Services related to validation of customers, members, and others who apply for some form of credit with merchants or organizations.
The government knows. It always knows. The Social Security Administration has a whole file dedicated to it. Maybe a little creepy to think about, but be glad this file exists. For one, if you die and someone pretends to be you, it's a lot easier to pin down and prosecute for your children's posterity, so they don't lose their inheritance.
It also conveniently works for you while you're alive, if you run a business. There's a type of criminal out there that focuses purely on this kind of fraud, called "deceased person identity theft." And you could easily be a victim...
Now that Thanksgiving has passed and increased Black Friday sales are showing hope for the economy - especially for retailers and e-commerce sites this holiday season - it may be time for these businesses to consider some of the biggest issues of high volume shopping: deliverability and consumer fraud/identity theft.
The good news is profits are up and we may just be rising out of this brutal recession. The bad news is fraud and identity theft are also up - by approximately 22% (10 million victims).
Take measures to protect yourself and your customers by instituting some form of verification process in your...
Health care organizations have many issues to consider when choosing technology to streamline operations. HIPAA and the Red Flags Rule are just two of those issues. Privacy and protection from medical identity theft are high on the list of considerations for administrators, and many who are unfamiliar with Web technology may fear that security will suffer when using services over the Internet. Actually, the opposite may be true.
Web services, especially those using XML, use the same open channels that intranets that operate within the organization do, so no security risks are present that are not already present in daily operations. In addition, most Web services,...
CDYNE Fraud Prevention Web Services as part of your anti-fraud program can help you meet the standards of the new government-mandated Red Flags Rule.
From the Federal Trade Commission’s Web site:
The Red Flags Rule, a law the FTC will begin to enforce on August 1, 2009, requires certain businesses and organizations — including many doctors’ offices, hospitals, and other health care providers — to develop a written program to spot the warning signs — or “red flags” — of identity theft. Is your practice covered by the Red Flags Rule? If so, have you developed your Identity Theft Prevention Program to detect,...
According to the Kroll Global Fraud Report (2009), in the current economic climate, people who are used to a certain level of comfort – and credit – may resort to fraud to continue in the style to which they have become accustomed.
With layoffs at record highs and creditors vying to recover debts, people can't continue to live as they have on borrowed money, maintaining expensive cars, large mortgages, and private school fees, among other commitments.
So what's a business to do? You're probably not gaining new customers as quickly as before the recession, so you have to make concessions. Maybe...
Phone Notify! from CDYNE is an invaluable service useful in many very different industries - large and small organizations, nonprofits, privately and publicly held companies, universities, and more. Here are some of the innovative ways the service is used:
It's great for schools to keep in touch with parents about truancy, weather emergencies and other school closings, PTA meetings and school events, fundraisers, and more.
Businesses can maintain adequate staffing by notifying employees of open shifts or shift changes and emergencies and contact customers with updates.
Sports organizations can keep players informed...