Identity theft criminals have stolen $112 billion in the past six years, which equals $35,600 stolen per minute, or enough to pay for four years of college in just four minutes.
Thanks to the many data breaches happening these days, 13.1 million identities were stolen in 2015. And criminals are using these identities in many clever ways to fraudulently extract money from businesses - such as opening credit card accounts using these stolen identities.
To make sure fraud stemming from identity theft does not affect your business, you need to be making sure that your customers are who they say they are with identity authentication.
Identity authentication via checking identity documents, such as a driver's license, is the most foolproof way of making such identity fraud never takes away from your profits.
Don't get caught without a way to authenticate identities! Consider yourself warned: identity theft and subsequent fraudulent activities will only get worse and more frequent. Protect your business today!
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