Fraud , Fraud Management & Cybercrime , Fraud Risk Management

Winning the Battle Against New Account Fraud

Michael Lynch of InAuth on Leveraging Device and User Data to Combat to Mitigate the Threat
Mike Lynch, chief strategy officer, InAuth

Due to the abundance of PII available on the dark web, there has been an explosion of synthetic identity fraud. Michael Lynch of InAuth discusses how device and user data can be leveraged to combat the fraudulent opening of new accounts.

See Also: How Tri-Counties Regional Center Secures Sensitive Files and Maintains HIPAA Compliance

In a video interview at Information Security Media Group's recent Fraud & Breach Prevention Summit: Toronto, Lynch discusses:

  • New trends and tactics in application fraud;
  • Issues with legacy approaches to fraud prevention;
  • Breaking down silos to share information on new fraud attack trends.

Lynch is chief strategy officer at InAuth. He has two decades of experience in key roles within financial services, consulting and Fortune 500 companies, specializing in security and technology leadership.


About the Author

Nick Holland

Nick Holland

Director, Banking and Payments

Holland, an experienced security analyst, has spent the last decade focusing on the intersection of digital banking, payments and security technologies. He has spoken at a variety of conferences and events, including Mobile World Congress, Money2020, Next Bank and SXSW, and has been quoted by The Wall Street Journal, CNN Money, MSNBC, NPR, Forbes, Fortune, BusinessWeek, Time Magazine, The Economist and the Financial Times. He holds an MSc degree in information systems management from the University of Stirling, Scotland.




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