America is burning off a billion dollars each year to id theft, based on the Australian government, and nearly 90 per cent of Americans are said to be worried about having their identity stolen.
With id theft reputed to become the quickest growing crime globally, what is being done to safeguard Americans through the growing menace caused from identity fraudsters?
The National Identity Security Strategy (NISS) was created by the Australian Government in 2005. This Fake Ids aims to tackle identity crime committed with the use of fake identity documents, such as passports and drivers’ licenses. Beefing the ability of Australian authorities to identify fake identity documents lies at the heart in the strategy. Fake identity documents are employed by fraudsters to steal benefits, including Centrelink payments, and money from your banks.
$28 million dollars has been pledged to the roll out from the National Document Verification Service, a key plank from the NISS. The service is going to be a web-based system for checking the authenticity of identity documents, and will also be accessible by government agencies. It may also be presented towards the private sector, which would help banks as well as other companies verify the identities of consumers. The service will enable government officials to make certain documents presented were actually issued as well as the details contained within them are accurate.
Biometrics, a method of utilizing the physical features of people to verify their identity, is increasingly being deployed by governments and private companies to combat identity fraud.
Australia’s immigration service, the Department of Immigration and Citizenship, is collecting biometric data on new migrants. It is actually expected the variety of biometric information on ‘non citizens’ – such as photos, fingerprints, and, iris scans – will help national and international efforts to tackle identity fraud. The physical details of new entrants are being stored on the DIAC database, known as the Identity Services Repository.
Plans to get a welfare services identity card system costing more than $1billion dollars were scrapped at the conclusion of 2007 pursuing the election from the Rudd Government. The Howard Government planned to give every Australian a biometric smartcard, including photo and individual health insurance and welfare number. This is considered by a lot of to become an identity card scheme in disguise. Reports suggested the smartcard scheme might have been ‘piggybacked’ by private companies, including banks and finance institutions, as a means of tackling identity fraud.
The use of voice authentication technology to tackle call centre identity fraud will be researched by boffins on the University Of Canberra. The university’s biometrics scientists are working on systems which could enable companies to verify people making use of their voice patterns. This may avoid the necessity to send sensitive private information abroad, reducing the chance of Aussies falling prey to identity fraudsters targeting call centres.
Tough new money laundering laws, which came into force at the end of 2007, will see tighter identity checks on Australians when opening new bank accounts, using casinos or purchasing travellers cheques. It really is expected the Anti Money Laundering and Counter Terrorism Finance Act will assist you to combat identity fraud in Australia. Financial organisations need to meet the strict identity check requirements of the legislation by the end of 2008. This act brings Australia into line along with other countries, including the UK wzczxl US, which have strengthened their money laundering rules.
The publication of court judgments on the internet has led the NSW Supreme Court to change the actual way it writes judgments. Personal identifiers, including birthdates and addresses, which can be employed to commit identity fraud will no longer be published in judgments.
Amongst the advice inside the government’s identity fraud self-help guide “ID theft kit” is the necessity for consumers to regularly check their credit score to assist spot any fraudulent activity committed against them. A totally free credit score can be accessed every year by writing to the credit reference agencies.