Related to identity theft, but a second category of fraud, is phishing.
"All issuers MUST make these basic checks to prevent this category of fraud.
One, "reading" is a category of assignment.
Choose a category of equipment.
Mr Schiller says most car insurers in rich countries now use fraud-detection software, and those in developing countries are adopting it rapidly.Play your cards rightWith an estimated $250m in annual sales, and yearly growth topping 25%, the largest and fastest-growing category of fraud-detection software is that used to spot fraudulent credit-card transactions.
And so, long before the names Enron and WorldCom became shorthand terms for accounting misdeeds, other names in just the last century came to be used to describe whole categories of fraud.
In its 87-page indictment, the government details an array of misconduct used to enlarge the company's sales and profits artificially, with the transactions fitting into several categories of fraud, often with colorful names like channel stuffing, candy deals, tango sheets and cookie jar reserves.
The top categories of fraud included imposter scams, telephone and mobile services, sweepstakes and lotteries, shop-at-home and catalog sales and counterfeit check scams, among others.
The Equifax breach provides the perfect conditions for a Category 5 hurricane of fraud in the coming months.
In the past, U.S. Attorney Robert Higdon Jr. has taken pains to prosecute a certain category of suspected voter fraud ― namely, individual cases that involve immigrants who mistakenly thought they were eligible to vote.
Of course, everyone with a significant social media audience is going to have some fake followers, but Captiv8 suggests that some categories have a higher rate of fraud than others — fashion was the worst, with an average of 14percentt of fake activity per account, compared to traditional celebrity, where the average was just 4percentt.
