incoming call on an iPhone Incoming call on an iPhone. (Source: Shutterstock)

Fraudsters are meticulous creatures, adept at adapting their methods to skirt common defenses. These pragmatic criminals do what's easiest and most effective; they do the bare minimum of work for the highest reward. Nowhere is this more apparent than in the financial services industry, where technology placed in the wrong hands has opened the flood gates to more and more identity fraud.

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