Mar 12

Synthetic ID Fraud: What It Is, How It Works & Real-Life Scenarios

Registration Options & Pricing

Please select your membership status.

Recorded Webinar Includes

  • Recording of the Live Webinar
  • Available 6 business days following Live date
  • Available for 6 months following Live
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your credit union
  • Presenter’s contact info for follow-up

9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

According to the U.S. Federal Trade Commission and Department of Justice, synthetic identity fraud is among the fastest and most difficult to detect fraud trends in financial services today. These fraudsters create identities from the sum of related and unrelated parts. This webinar will explain what synthetic identity fraud is, how these fictitious identities authenticate during CIP onboarding and other knowledge-based authentication protocols, and proven strategies to thwart this evolving threat. This must-attend program will change how your financial institution onboards and authenticates consumer transaction accounts and loans.

Attendance certificate provided to self-report CE credits.


  • Definition and examples of synthetic identity fraud
  • Why the young and elderly are rich targets
  • Hallmark red flags to detect synthetic identities within credit reports
  • Proven techniques to thwart the threat via a multi-layered risk management approach
  • Case study: lessons learned after $200,000 synthetic identity theft and the programmatic enterprise changes made afterward

    • Link to U.S. Government Accountability Office WATCHBLOG on synthetic identity fraud
    • Link to Federal Trade Commission’s consumer information on identity theft
    • Snapshot views of what a synthetic identity credit report looks like
    • Equifax, Experian, and TransUnion contact numbers and the importance of credit freezes
    • Employee training log
    • Quiz to measure staff learning and a separate answer key


"Teller Training Series: Frontline Fraud Prevention: Stopping Fraud at the Teller Line"
Thursday, January 31, 2019

"The New NIST Digital Identity Guidelines:
Impact on Passwords, Security Questions & Account Lockouts"

Thursday, February 21, 2019

All webinars are available for six months after broadcast


This informative session is designed for risk management team members, including retail and commercial leaders and staff, lenders, loan operations personnel, underwriters, directors, audit committee members, attorneys, auditors, and staff who deal with information security, risk, and compliance.


NOTE:  All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.


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