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Right, imagine if other businesses like banks tried to use a defense like that! "No, it's not my fault some rando cleaned out your bank account because they sai
by ytpete 1y ago
Right, imagine if other businesses like banks tried to use a defense like that! "No, it's not my fault some rando cleaned out your bank account because they said they were you."
- thaumasiotes 1y agoImagine? > This week brought an announcement from a banking association that “identity fraud” is soaring to new levels, with 89,000 cases reported in the first six months of 2017 and 56% of all fraud reported by its members now classed as “identity fraud”. > So what is “identity fraud”? The announcement helpfully clarifies the concept: > “The vast majority of identity fraud happens when a fraudster pretends to be an innocent individual to buy a product or take out a loan in their name. > Now back when I worked in banking, if someone went to Barclays, pretended to be me, borrowed £10,000 and legged it, that was “impersonation”, and it was the bank’s money that had been stolen, not my identity. How did things change? https://www.lightbluetouchpaper.org/2017/08/26/is-the-city-force-corrupt-or-just-clueless/ https://www.lightbluetouchpaper.org/2017/08/26/is-the-city-f...