Identity Resolution Daily Links 2007-07-19
[Daily Post from Infoglide Software] Knowledge Center: Barry Graubart on Complexity of Identity Resolution and Anti-Money Laundering
“The importance of having an effective identity resolution solution in place that can resolve all these complexities is vitally important because the consequences of failing to detect a money launderer are much, much higher than when a shoplifter lifts a pair of pants.”
The Terror Finance Blog: The Digital age of Funding Crime and Terrorism
“Moving funds from one criminal/terrorist to another can work like this: A criminal/terrorist using fake IDs opens a virtual account in an online game. He then deposits real money via an ATM into his virtual account. With his virtual currency he buys virtual real estate from his co-conspirator and transfers virtual payment for the property to the seller’s virtual account. The seller then converts the virtual currency into real money and withdraws it from an ATM.”
Federation of American Scientists: Data Mining and Homeland Security: An Overview
[PDF] “As with other aspects of data mining, while technological capabilities are important, there are other implementation and oversight issues that can influence the success of a project’s outcome. One issue is data quality, which refers to the accuracy and completeness of the data being analyzed. A second issue is the interoperability of the data mining software and databases being used by different agencies. A third issue is mission creep, or the use of data for purposes other than for which the data were originally collected. A fourth issue is privacy.”
RetailBulletin: Loss Prevention - Tackling Retail Shrinkage to Accelerate Business Performance
“Defined as ’stock loss from crime or wastage’, shrinkage is normally measured as a percentage of retail revenue. The ‘European Retail Theft Barometer’ from the Centre for Retail Research segments it into the following types: customer theft, staff theft, supplier theft, and internal error. In 2006, it found that 85.7 per cent of shrinkage in the UK was attributable to theft. More shockingly, this is equivalent to anywhere between 20-40 per cent of profits.”
Wired: We’re All Terrorists! Watch List Makes 20k ‘Matches’ in ‘06
“They may never know it, but U.S. air travelers and others set off silent terrorist warning alarms nearly 20,000 times in 2006 when their names matched against the government’s centralized terrorist watch list, according to a statistic buried in a Department of Justice document. The number represents a 27 percent jump over 2005, and points to the growth in the federal Terrorist Screening Center, a joint FBI and DHS operation that controls the government’s master list of suspected terrorists.”
Subscribe to this blog