America is burning off a billion dollars every year to identity theft, in accordance with the Australian government, and nearly 90 per cent of Americans are said to be worried about having their identity stolen.
With identity fraud reputed to be the fastest growing crime globally, what exactly is being done to safeguard Americans from the growing menace posed by identity fraudsters?
The National Identity Security Strategy (NISS) was created by the Australian Government in 2005. This Fake Id Vendors aims to tackle identity crime committed by using fake identity documents, like passports and drivers’ licenses. Beefing the ability of Australian authorities to identify fake identity documents lies in the middle from the strategy. Fake identity documents are utilized by fraudsters to steal benefits, including Centrelink payments, and money through the banks.
$28 million dollars has been pledged to the roll out from the National Document Verification Service, a key plank in the NISS. The service is going to be a web-based system for checking the authenticity of identity documents, and will be accessible by government departments. It could also be rolled out for the private sector, which will help banks as well as other companies verify the identities of clients. The service will enable government officials to ensure documents presented were actually issued and also the details contained within them are accurate.
Biometrics, a technique of using the physical attributes of individuals 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 really is expected the collection of biometric details on ‘non citizens’ – such as photos, fingerprints, and, iris scans – may help national and international efforts to tackle identity fraud. The physical information on new entrants are being stored on the DIAC database, called the Identity Services Repository.
Plans for any welfare services identity card system costing a lot more than $1billion dollars were scrapped at the end of 2007 pursuing the election of the Rudd Government. The Howard Government planned to provide every Australian a biometric smartcard, including photo and individual health insurance and welfare number. It was considered by many to be 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.
Using voice authentication technology to tackle call centre identity fraud will be researched by boffins at the University Of Canberra. The university’s biometrics scientists work on systems that could enable companies to verify people using their voice patterns. This may avoid the necessity to send sensitive private information abroad, reducing the potential risk of Aussies falling prey to identity fraudsters targeting call centres.
Tough new money laundering laws, which came into force at the conclusion of 2007, will spot 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 have to meet the strict identity check requirements from the legislation by the end of 2008. This act brings Australia into line along with other countries, including the UK wzczxl US, that have strengthened their cash laundering rules.
The publication of court judgments on the internet has led the NSW Supreme Court to change the way it writes judgments. Personal identifiers, including birthdates and addresses, which can be utilized to commit identity fraud will not be published in judgments.
One of the advice within the government’s identity theft self help guide “ID theft kit” is the need for consumers to regularly check their credit report to assist spot any fraudulent activity committed against them. A free credit report can be accessed every year by writing for the credit reference agencies.