Synthetic Identity Fraud Quiz
1. What is Synthetic Identity Fraud (SIF)?
A. Fraud involving the use of a fictitious identity.
B. Fraud involving the use of a real person's identity.
C. Fraud involving only stolen credit card information.
2. Why is Synthetic Identity Fraud harder to detect than traditional identity fraud?
A. It involves immediate victims.
B. It can go undetected for months or years.
C. It is always reported quickly.
3. Which group is most likely to have their SSNs used in synthetic fraud schemes?
A. Adults
B. Children
C. Elderly people
4. What is one reason for the growth of Synthetic Identity Fraud?
A. Decreased use of SSNs as identifiers.
B. Randomization of SSNs issued since 2011.
C. Increased physical banking.
5. What is the purpose of the eCBSV service?
A. To provide paper-based verification of SSNs.
B. To allow real-time electronic verification of SSNs.
C. To replace the need for SSNs in identity verification.
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