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  • 3 years ago
What is 'Sleeper Fraud,' And Why Must Banks Beware?

What is 'Sleeper Fraud,' And Why Must Banks Beware?

The surge in data breaches has left millions of consumer records compromised. As a result, fraudsters have all they need to open bogus accounts, which cost banks huge losses linked to what Greg Shelton of LexisNexis Risk Solutions calls "sleeper fraud."

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