Crackdown on billion dollar identity theft
latest anti-fraud technology is being rolled-out overseas as
governments around the world crack-down on identity theft.
Canada is the latest country using state-of-the-art computer software to prevent criminals from obtaining false identification documents.
The technology picks up forgeries through a sophisticated system of tracking, auditing and cross-checking millions of documents held by births, deaths and marriages registries.
The system is the latest development from Melbourne technology company KE Software.
CEO John Doolan says there is a significant reduction in cases of identity fraud when authorities introduce these tougher security measures.
“This is the most up-to-date software available anywhere and we're expanding into countries which don't want to be left behind.
“In fact there is a risk registry databases in some of Australia's own States may be left exposed.”
The Australian Crime Commission reports that identity fraud costs the economy $1 billion each year. A conservative estimate on the impact of serious organised crime is reported at $10-$15 billion.
According to the ACC, identity theft rackets are often linked to;
Dealing in stolen cars
Mr Doolan said one of the main advantages of KE's Vitalware system is being able to detect crimes before they actually happen.
For further information contact:
CEO John Doolan
Mobile: 0411 612 936