Detecting and Preventing Identification Fraud

Identity theft is a rapidly growing problem causing substantial losses to businesses and individuals. The Federal Trade Commission (FTC) reports that 10 million Americans were victims of identity theft in 2002 - at a cost of over $53B.

In the public sector identification fraud not only means the loss of taxpayer dollars through fraudulent tax or benefit payments, but also threatens the security of the nation's transportation infrastructure via false credentials and counterfeit identities.

CACI works with government agencies and leading suppliers of anti-fraud applications and data to improve security and prevent financial loss.

Best in Class Tools

Identicate provides an instant identity verification screening tool to reduce the threat of identification credentials or benefit payments getting into the wrong hands. Identicate offers driver's license and other agencies providing access to secure transportation facilities, quick and easy access to data providers with relevant information to authenticate identity. Our customers also leverage the identification theft prevention capabilities of ID Analytics^TM which have reduced losses from ID theft up to 40% in private sector applications.

CACI consultants are skilled in integrating such tools into customer business processes so that verification becomes a seamless part of overall security and fraud prevention operations.

Fraud Prevention Strategy

As an initial step in building an effective fraud prevention strategy, CACI consultants conduct an analysis of the fraud problem and then recommend the tools and data sources that will provide the best return on investment.

Some agencies see an immediate reduction in fraud loss. Others are able to offset the cost of additional identification security with the ability to rapidly authenticate the majority of applications and concentrate investigative resources on smaller groups where fraud may be present.

Preventing fraud is a constant process and not a single action. Criminals bent on obtaining phony identification adapt rapidly to penetrate security systems. CACI evolves its tools and business processes to anticipate such efforts and provide continuous security coverage.

American Association of Motor Vehicle Administrators

CACI fraud and training experts are assisting the American Association of Motor Vehicle Administrators in their mission to train state and provincial motor vehicle and law enforcement agencies on recognizing fraudulent identification and vehicle title documents. These agencies provide a critical front line defense for securing important credentials.

Homeland Security Homepage