Fraud Focus: Healthcare Identity Fraud’s Unseen Impact on Banks
Overview
The banking industry faces an escalating threat from a new and sophisticated form of identity fraud, one that originates not from traditional financial channels but from the healthcare sector. With healthcare data breaches reaching record levels and exposing millions of patient records containing sensitive Personally Identifiable Information (PII), fraudsters have a new and lucrative source for their criminal activities.
Learning Objectives
Understanding the healthcare-to-banking fraud pipeline, in which stolen medical records have become more valuable than stolen credit card numbers
Learning how criminals mix fake data with real information from healthcare breaches to build nearly undetectable synthetic identities, which are then used to open accounts
Using advanced analytics and improved identity verification to help prevent this emerging threat
Who Should Attend?
- AFC Professionals
- Anti-Fraud Professionals
- BSA/AML Officers
- DNFBPs Professionals
- FIU
Topics
- Artificial Intelligence
- AML and Sanctions Investigations
- Cyber-enabled crime
- Fraud Risks and Controls
- Governance and Reporting
- SARs/STRs/SMEs/UTRs
- KYC
- Technology
- Financial Crime Controls
- Other Predicate Crimes
- Fraud
Industries
- Financial Intelligence Units
- Financial Services
- Professional Services and Technology Solution Providers
- Retail and Entertainment
- Public Sector
- Corporates
- Associations and Non Profit Sectors
Regions
- Global Or International Organizations
Level
- Basic