National Strategy Needed to Combat Identity Fraud, Researchers Say

National Strategy Needed to Combat Identity Fraud, Researchers SayUTICA, N.Y.
Researchers at the Economic Crime Institute of Utica College and LexisNexis, a global leader in information services for legal, business and government professionals, have called for a new national strategy in the fight against identity fraud. Details of the plan were discussed in remarks delivered last month at the 14th annual Economic Crime Institute Conference held outside Washington, D.C., and released in a research report titled, “ID Fraud: A Critical National and Global Threat.”“The growing crime of identity fraud is a national crisis with global implications,” says Norm Willox, LexisNexis’ chief officer for Privacy, Industry and Regulation. “We need a commitment from the highest levels of the federal government to lead and fund a national strategy to combat the problem. Otherwise, financial crimes, terrorism, alien smuggling and drug trafficking will continue to grow exponentially.”“While identity theft has been recognized as a serious societal problem for several years, the insidious threat of identity fraud has not been similarly acknowledged. In its continued effort to provide cutting edge research, the Economic Crime Institute has worked with LexisNexis to conduct this research study in order to bring identity fraud to the forefront and provide direction, so that the public and private sectors can understand, confront and develop a comprehensive strategy to reduce the threat of identity fraud,” says Dr. Gary Gordon, lead writer of the study and executive director of the Economic Crime Institute at Utica College.A copy of the report titled, “ID Fraud: A Critical National and Global Threat” is available at <www.ecii.edu/identity_fraud.pdf>. 



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