Resource Center

We have selected announcements, relevant news articles and white papers from various sources to provide a more in-depth background of First Party Fraud. They are intended to provide real life examples of these types of activities and the risks businesses may encounter.


Web Links

The articles listed below represent a small cross section of relevant press releases for First Party Fraud and the impacts associated within multiple industries. These articles were selected to illustrate that even though First Party Fraud has become the new buzz word it has existed for many years. Due to the lack of accurate identification and controls it has become persistent and pervasive.

(Click on headers . . . for additional links)

First Party Fraud ...

The “Customer” is the perpetrator of the fraud and the business is the victim.

BUST OUT - A fraud scheme where the “Customer” intends to maximize the amount of loss to a business; frequently going significantly over the credit limit.

CREDIT REPAIR - “Customer” is intentionally manipulating their credit history in an effort to hide from bad credit.

SYNTHETIC IDENTITIES - An identity that is fabricated leveraging a valid Social Security Number (SSN) and combining it with fictitious Personal Identifying Information (PII)

Reputational Risk ...

These articles are examples of potential implications of First Party Fraud




Impacted Industries ...


White Papers

Synthetic identity fraud: Can I borrow your SSN? Who else might be using your Social Security number and why?

This paper is a primer for understanding synthetic identity fraud. It defines synthetic identity fraud, describes its evolution, explains how it works and what the identities are being used for, identifies the industries being impacted and shows who is most commonly targeted and why. It also highlights some of the challenges and the ramifications associated with this fraud type.

Download White Paper