Identity Theft Statistics

It has been said that identity theft is one of the largest crime in the history of the US. It’s been reported by the FTC (Federal Trade Commission) that, 1 in 6 Americans will be a victim of identity theft this year. In the last twelve months 9.93 million people have had some type of identity theft crime committed against them and have experienced losses totaling $52.6 billion. Victims spend on average $1,200 in out-of-pocket expenses and an average of 175 hours in your efforts to resolve the many problems caused by identity thieves. Criminal identity theft occurs when fraudsters get your personal or financial inforamtion such as a drivers’ license, date of birth, or Social Security number (SSN) to obtain a job, housing, money, goods, or other services. Or the imposter may present to a counterfeit license or form of ID containing another person’s data.

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how to reduce fraud threat

The most of online services both free and paid use login\password combination to identify their users. But it is clear that such protection method can’t guarantee perfect fraud protection. This combination can be stolen and fraudsters can act like real customer. To reduce such threat we have to use more advanced identity verification technology. There are some ways to organize such protection but they all have a set of different disadvantages concerning pricing, worldwide support and etc. Phone number verification and phone confirmation services can be good alternative.
During the registration of account user can customize his phone number or numbers (both stationary and mobile phones’ networks supported). To complete identity verification process user receives a call from phone confirmation service provider and to verify phone number user has to enter special PIN code by means of computer keyboard or phones buttons. The way of PIN code inputting depends on concrete scheme. As you can see such way of fraud protection is very simple but nevertheless gives an opportunity to organize advanced identity verification protection.

Online fraud threat

The global network becomes integral part of the life of present-day human society. Today Internet is not only computer network but is new communicative sphere. According to some sources the number of users of the global network exceeds two billion. More and more users access it not only to find some information but also to buy anything from pizza to house, to find friends and to communicate with them and etc. Some users manage to satisfy their sexual needs by means of Internet)) So nobody can deny that WWW plays very important role in our society.

But as it was usual cheaters had came to this new sphere of life. The number of risks instantly grows. Cheaters can steal you private and financial information and use it. Such fraudulent operations can cause serious troubles both for users of the global network and online business owners.

This blog is devoted to methods of fraud protection. All means are easy to use and are useful for every person who is involved in the online community.

What is phone verification

Due to continuous evolution of global network online business becomes more and more significant phenomenon of present-day life. But the number of risks grows too. To provide maximum fraud protection both of your business and end-users you have to use more and more advanced proof.

There are some ways to provide such protection but usually they don’t guarantee perfect security and are rather expensive. The exception to the rule is phone number verification services. Due to this thing you can simply organize advanced fraud protection which is cheap, easy to use and easy to set up. Such services are automated and can be integrated with any web application.

Usually phone verification service makes a call to remote end-user which has to confirm transaction by inputting special PIN. Against the scheme this PIN is giving during the registration and user inputs it by means of phone’s keyboard or is spoken into headset and inputted is special window of web application.

Welcome!

Hi! I’m going to devote this blog to automated fraud protection services such as phone number verification and phone confirmation services. I hope that this blog will be useful not only for me) but also to other people who are interested in online security technology.