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Article: Expert from ID Insight Reveals How ChoicePoint Situation and Related Fraud Losses Could Have Been Prevented.
- Article from:
- Business Wire
- Article date:
- February 23, 2005
CopyrightCOPYRIGHT 2005 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ST. PAUL, Minn. -- ChoicePoint Inc. might have been alerted to identity thieves if they had used available technology that detects address manipulations, according to Adam Elliott, an expert on solutions that help prevent and detect identity theft and fraud. E[acute accent]Reported Fact: ChoicePoint Inc., a data warehouse company, will now re-screen 17,000 business customers to make sure they are truly legitimate businesses and not criminals setting up false companies for the purpose of stealing consumers' personal data. E[acute accent]According to Elliott: ChoicePoint experienced a breakdown in its credentialing process - the process by which the company verifies a ...