Naftali Harris

Joel de la Garza, a seasoned security expert, and Naftali Harris, CEO of Centrelink, delve into the massive data breach affecting nearly 3 billion records, including countless social security numbers. They discuss how such breaches happen and the dire implications for identity theft. Naftali shares insights from validating the breached dataset, while both guests emphasize the urgent need for better security measures. They also explore proactive strategies for individuals to protect themselves against evolving fraud tactics in the digital age.

Bharat Ramamurti, an original member of the COVID-19 Congressional Oversight Commission, discusses the challenges of the Paycheck Protection Program (PPP) and its susceptibility to fraud. Naftali Harris, CEO of SentiLink, highlights innovative technologies to combat synthetic fraud in relief efforts. Alex Rampell, a fintech expert, critiques the inequitable distribution of funds, favoring large corporations over small businesses. Together, they explore lessons from international responses, flaws in government disbursement, and the pressing need for improved oversight in future relief efforts.

Naftali Harris, co-founder and CEO of Sentilink, dives into the fascinating world of synthetic fraud in the financial sector. He uncovers how this new form of deception costs $1-$2 billion annually and the complex lifecycle of fake identities. Harris discusses how fraudsters exploit gaps in identity verification, particularly during the 'bust out' phase. He emphasizes the urgent need for better detection methods and a national identification system, making it clear that traditional approaches are no longer sufficient to combat this evolving threat.