As government agencies offer more of their services online, they face a difficult challenge: how to prevent access to their system by cybercriminals while giving their citizens the seamless, frictionless, online experience they expect. Cybercriminals are increasingly sophisticated. They’re experts at using stolen identity information to divert government payments. And they’re proficient at launching scripted bot attacks as well.
Implement too many fraud prevention controls, and you may be successful at keeping out criminals but you risk frustrating your citizens who must clear multiple hurdles to gain access across their various channels. It’s security at the expense of the user’s online experience.
A better approach is for government agencies to use a solution that delivers real-time, automated digital authentication. That’s the key to distinguishing a legitimate citizen from a cybercriminal, on the day the account is opened and for every transaction that follows.
ThreatMetrix® for Government provides the fast, digital identity assessment agencies need. It harnesses data intelligence about devices, locations, identities and past behaviors across one of the world’s largest, crowdsourced, global digital networks. The result is government agencies know who they’re transacting with, reducing access from fraudsters and bots.
At the heart of the LexisNexis® Digital identity Network® is LexID® Digital, a unique customer identifier. It provides a 360-degree view of customers by merging offline and online data in near real time to establish true digital identities. It detects synthetic and stolen identities as well as unusual behavior such as location anomalies, new email addresses originating from the same device, or new shipping addresses.
The key elements of LexID Digital are:
Unique identifier - A tokenized alphanumeric identifier for each of 1.4 billion recognized users across the LexisNexis Digital Identity Network
Confidence score - A dynamic score that represents the likelihood a current event is associated with a designated LexID Digital Identity. Low confidence scores suggest fraudulent identities
Graph visualization - An interactive picture of all the devices, credentials, threats and behavioral attributes related to an identity
Trust score - A dynamic score that reflects the reputational integrity of the LexID Digital Identity for current and future transactions
With ThreatMetrix, government agencies gain the exponential strength of the Network. Want to know more? Check out our brochure on ThreatMetrix for Government.