ID Analytics Announces New Data Analysis Findings; Synthetic Identity Fraud Poses New Challenges

com. It may take you to a phony Web site that looks just like
the Web site of the real company or government agency.

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SAN DIEGO, ID Analytics Inc. As announced last week by The Federal Trade Commission
(FTC) in its annual report on consumer fraud, the number of "true name"
identity theft cases, where an actual consumer victim is involved , again
topped 9 million annually.S.m. to 5 p. Fraud
reports from consumers are sent within minutes to over 200 appropriate law
enforcement agencies, including the Federal Trade Commission and state
attorneys general.

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* Fraudsters using synthetic identities to further their crimes typically
employ the systematic manipulation of real Social Security numbers and
create multiple variations of similar names across the numerous
identities."
Kornblum announced that Microsoft is filing 117 lawsuits against alleged
phishers as part of its commitment to protecting consumers against phishing
and other cybercrime.
Internet users should follow these simple steps to avoid phishing scams:

-- Be suspicious if someone contacts you unexpectedly and asks for your
personal information.

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, the Identity Risk
Management technology company, today announced the results of its recent
statistical research into the schemes used by identity fraud criminals, also
known as "fraudsters".S.

About The National Consumer League
The National Consumers League, founded in 1899, is America's pioneer
consumer organization.

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8 percent of the total
dollars lost by U. industry leaders from
across the credit card, wireless and instant lending industries. The analysis
includes applications received in face-to-face environments , such as in-store
point-of-sale and retail branch, as well as faceless environments, including
Internet , direct mail and telemarketing-sourced applications.S. and in
the UK, ID Analytics is led by an executive team with strong fraud analytics
experience.
Appearing at the National Press Club in Washington , D.org .

NOTE: Microsoft is a registered trademark of Microsoft Corp.

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Businesses are
the primary victims of this form of identity fraud.
The ID Network, the first and only national system developed exclusively
to manage identity risk, is fueled in real time by a steady stream of identity
elements from these multiple industries, learning constantly as new elements
appear on the network ."
"Phishing is more than a dirty trick played on unsuspecting consumers --
it's a serious identity theft problem," said Grant.

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S. Approximately
18 percent of total identity fraud attempts are not detectable using
these systems.

* Fraudsters using synthetic identities like to substantiate those
identities by attempting to open wireless subscriptions in the fake
name.

About ID Analytics, Inc.S.
District Court for the Western District of Washington in Seattle against John
Doe defendants. But usually they only ask if you made particular
transactions; they don't request your account number or other personal
information .

About Microsoft
Founded in 1975, Microsoft is the worldwide leader in software, services
and solutions that help people and businesses realize their full potential.

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ID Analytics and ID Network are trademarks of ID Analytics, Inc. And,
for the first time, phishing appeared on the top Internet and telemarketing
scams lists gathered by the National Consumers League in 2004 . Law enforcement agencies might also contact you if you've
been the victim of fraud. Then get the main number (see tip above) and call to find out
if the person is legitimate.

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This type of real-time visibility, along with our ability to
understand subtle relationships between suspicious identity elements, enables
our ID Network members to sift out synthetic identity fraud before losses
occur and to meet our shared objective of outsmarting fraudsters."
Most legitimate companies and agencies don't operate that way.

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3 percent of all identity fraud events and 73.

* Systems that rely on public record databases are generally capable of
detecting, on average, 85 percent of synthetic identity fraud attempts
and 72 percent of true-name identity theft attempts.

They then
abandon the use of the identity completely, moving on to create other
new identities.
ID Analytics is the Identity Risk Management company providing advanced
analytic solutions that prevent identity fraud and manage identity risk across
the customer lifecycle.

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"
ID Analytics conducted its statistical analysis on more than 300 million
account applications received by its ID Network members from 2002 through
2004.
Founded in 2002 and based in San Diego with offices throughout the U. Microsoft Announces Filing of 117 Lawsuits Against Phishing Site Operators

WASHINGTON, In sharp contrast to the
harmless pranks that will be played on April Fools ' Day, deceptive phishing
schemes are no laughing matter. It's hard to tell whether something is legitimate
by looking at an e-mail or a Web site, or talking to someone on the
phone.
-- If someone contacts you and says you've been a victim of fraud, verify
the person's identity before you provide any personal information.

Fraud as more generally defined is deceit, trickery or cheating.

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"Our research indicates that organized fraudsters creating synthetic
identities pose a significant new threat to business," said Bruce Hansen,
Chairman and CEO. ID Network members consist of the largest U.

Don't Let April 1 Be April 'Phools' Day: Federal Trade Commission National Consumers League and Microsoft Warn Internet Users of Phishing Scams

, Lydia Parnes,
acting director of the FTC's Bureau of Consumer Protection, Susan Grant,
director of the National Consumers League's National Fraud Information Center
and Internet Fraud Watch program, and Jacqueline Beauchere and Aaron Kornblum
of Microsoft urged Internet users to exercise the same caution when doing
business online as they would in the physical world and called for increased
consumer awareness of phishing . Use a search
engine to find the official Web site.

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ID Analytics' national ID Network, the first and only
real-time system built exclusively to manage identity risk, makes it possible
for companies to balance profit against identity risk.newscom.
NCL runs the National Fraud Information Center, which was created in 1992,
and the Internet Fraud Watch, which was created in 1996, operating in tandem
with the NFIC.

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businesses. To strike a blow against criminals who prey on
Internet users , the U. Federal Trade Commission (FTC), National Consumers
League and Microsoft Corp. (Nasdaq: MSFT ) today urged consumers to beware of
phishing schemes aimed at stealing their identities. The
FTC reports that identity theft was the No. To check whether the message is
really from the company or agency, call it directly or go to the
company's Web site. If you don't have the telephone number, get it from
the phone book, the Internet or directory assistance. To be on the safe side, ask for the person's
name, the name of the agency or company, the telephone number, and the
address.

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(Photo: NewsCom: http://www. Microsoft provides consumers with
the information and technology that will help protect all of us from this
pervasive and destructive threat , and has filed legal action today against
some of these individuals. But if you're contacted out of the blue and asked for your
personal information, it's a warning sign that something is "phishy. NCL staff provides advice and tips on how to
spot possible telemarketing or Internet fraud and how to report it. For more information visit http://www.

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To date, more than 102 million "events " such as new
accounts, address changes, payments and requests for convenience checks have
been evaluated for identity risk through this proprietary network."
"The Internet has revolutionized the way we communicate, transact business
and educate ourselves," said Aaron Kornblum, Internet Safety Enforcement
attorney at Microsoft. Our mission is to protect and promote social and
economic justice for consumers and workers in the United States and abroad.

This category is intended more for the legal description of fraud but may involve human rights or other issues which may or may not have any monetary or economic concerns.

worldwidewhistleblow reprisal

, as well as leading wireless and online consumer finance companies.C . "In little over a year
it's become one of the top scams reported to our National Fraud Information
Center and Internet Fraud Watch program.S.
Through today's sweep of John Doe lawsuits, Microsoft 's legal team hopes
to establish connections between phishing scams worldwide and uncover the
largest -volume operators.
Legitimate credit card issuers and other companies may contact you if
there is an unusual pattern indicating that someone else might be using
one of your accounts.

In law, fraud is intentional deception to cause a person to give up property or some lawful right.

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"The good news is that they do in fact leave patterns of
suspicious behavior, and that their behavior can be predicted by looking at
how an identity behaves across multiple companies and across multiple
industries.org .

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Overall, synthetic identity fraud comprises
88. The company is filing the lawsuits today in the U.
The names of actual companies and products mentioned herein may be the
trademarks of their respective owners.

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Drawing from its ID Network(TM), the nation 's only real-time identity
fraud prevention system, ID Analytics' analysis of identity fraud attempts
shows that "synthetic identity fraud," where the identity is fabricated, is
becoming the new challenge for organizations exposed to fraud.

The research also found that:

* Synthetic identities are more commonly used to commit identity fraud
than true-name identities.
For more information about ID Analytics, please visit http://www.

For more information , visit http://www.nclnet.

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com/cgi-bin/prnh/20000822/MSFTLOGO )
Phishing is a high-tech twist on the all-too-common crime of identity
theft, where spam or pop-up messages are used to deceive recipients into
releasing personal or financial information into the hands of criminals.fraud. in the
United States and/or other countries.

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1 consumer complaint in 2004. Following the
instructions, you enter your personal information on the Web site --
and into the hands of identity thieves . Consumers from across the United States and Canada can call
800-876-7060, Monday through Friday , 9 a.

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idanalytics. All
other trademarks and registered trademarks are the property of their
respective holders. "Just delete it. "We must work together to stop these con artists from
misusing the Internet as a tool for fraud.

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* Fraudsters committing financial crimes using synthetic identities tend
to use those identities frequently as soon as they are created,
victimizing numerous businesses across multiple industries.
-- Don't click on a link in an e-mail message that asks for your personal
information.m.

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* Those committing synthetic identity fraud tend to take a break after
the winter holidays followed by a flurry of activities in early spring. The ID Network is
already used daily by over half the credit and retail card issuer market in
the U.
"Computer users can stop phishers by not responding to an e-mail or pop-up
that asks for personal information," said Lydia Parnes of the FTC's Bureau of
Consumer Protection . EST, or fill out the
online form to file a complaint.

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