Synthetic identity
A synthetic identity is created by using a combination of fabricated credentials, leading to a fake identity that is not associated with an actual, real person. Fraudsters may create synthetic identities using potentially valid social security numbers (SSNs) with accompanying false personally identifiable information (PII).
Synthetic Identity Creation
Synthetic Identity Creation (SIC) represent the process of creating a false identity. Synthetic Identity Creation (SIC) as a generic term shows how fraudsters collect information about real people and manipulate their identities with false and fabricated information to ensure the creation of a new identity, which is assigned to no actual real-life person.