Authentication Challenge: The "Dark Side" of SSN Randomization
While the Social Security Administration's 2011 decision to randomize Social Security Number (SSN) issuance made the identifier less susceptible to fraudsters, it also caused a series of unintended consequences for organizations that rely on the number's sequencing as a key part of identity-verification and fraud defense. Nearly three years later, what impact has SSN randomization had on enterprises? How can fraud managers better respond to the challenges it presents going forward? In this session, you'll learn:
- How SSNs were issued prior to randomization, how they're being issued today, and why it matters;
- Common risk management practices affected by SSN randomization;
- Proprietary research on how the policy change may be impacting risk strategies for new-account acquisition and ongoing authentication;
- Best practices for uncovering and solutions for addressing the challenges SSN randomization has introduced at your organization.
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