Identity fraud affects more than 17 million consumers every year and is set to reach 50 million according to a Forbes survey. $16 billion was stolen from 15.4 million U.S. consumers in 2016 compared with $15.3 billion and 13.1 million victims last year according to the 2017 Identity Fraud Study, released by Javelin Strategy & Research. In the past 6 years identity thieves have stolen over $107 billion. The numbers are indicative of the condition of identity crisis world over and beyond.
With 9.9 million incidents in the US, every year, national identity is no more inconsequential. It is increasingly becoming pervasive. In 2012, 17% of the youngsters were identity theft victims. In the UK, the number of people falling victim to identity theft has risen by almost one third, as reported by BBC News.
With the evolution of technology and Aadhaar as a biometric database, while the ecosystem is becoming increasingly connected, the vulnerabilities are also growing in size. Identity thefts in India are growing exponentially. This calls for exhaustive identity checks to ensure that you are interacting with a genuine individual.
How to combat Identity frauds with new age, automated ID checks?
Identity fraud has become a big concern today. Considering the present conditions across the globe, employers are increasingly upgrading to technologies to check identity instantly and accurately.
Identity verification is the easiest way to check for truthfulness of the candidate’s identity. It is a fully automated process that verifies all personal details, by identifying and authenticating the data recovered.
Personal data like name, address, date of birth etc. are readily available on social platforms and through various sources. It has been commonly seen how it is easily misused by impersonators and hackers because of its public availability.
With ID Checks, one can verify not just a person’s basic details, they can also validate the individual’s photograph, biometrics and other unique identifiers.
Role play of Biometrics
Biometrics, owing to its reliability and scalability attributes, are being increasingly used for ID verification purposes. Unique identifiers used as parameters include fingerprints, retina and iris patterns, voice waves, DNA, and signatures etc. are used for creating IDs for individuals. In fact, fingerprinting is the oldest way of biometric verification.
Every individual has unique biometric parameters which is difficult to be replicated. Such information are encrypted by system to store an individual’s identity.
Aadhaar, the world’s largest biometric database stores identity information of 1.3bn population of India. The data repository of the Unique Identification Authority of India (UIDAI) provides transparent, online authentication using demographic and biometric information and also keeps it safe and secure for users.
How can schools be turned secure with Identity verification per se?
The responsibility of ensuring safety in the school premises solely lies with the school authorities. A proactive plan of employee screening can help to combat rising instances of ID fraud and impersonation.
With hundreds of people entering & leaving the campus every day including blue collar, teaching staff, administration and visitors, schools need to verify every person entering the premises and maintaining an audit trail of their visits.
Identity verification is starting to transform the background screening space with its speed and transparency where a person can be automatically verified from a database which has his/her personal data stored. Individuals can also verify information using APIs. With the emergence of digitized records of analog data, instantaneous identity verification is quite feasible.
This way you can verify IDs of people entering your campus on real-time basis, anytime, and every time, anywhere. That’s how Trust is established in schools.