Card skimming, stolen passports, sham telemarketing and Nigerian romance scams – it seems as though there is no end to the imposition of fraudulent schemes.
With such maliciously innovative and persistent campaigns at work, the need for security continues to be a big priority, especially for governments and financial institutions.
As a result, stricter controls and harsher penalties are introduced regularly, designed to act as a deterrent for those individuals that hold little or no regard for the law.
Below you will find an overview of the 100 point identity check, one such security measure that can protect you from such scams.
WHAT IS IT?
The 100 point check came about as a result of the Australian Commonwealth Government seeking to reduce financial fraud.
In order to pass the check, you need to provide 100 points of identification, with different personal documentation (such as a birth certificate or utility bill) allocated a certain amount of points.
At the very least you’ll need a primary document (e.g. passport or citizenship certificate) and one or two secondary documents (e.g. credit card, rental agreement or driver’s license) in order to meet the rigorous criteria of establishing your identity and proving that you are who you’re claiming to be.
If you have enough documents and points, you will meet the check’s requirements.
Remember that only the original versions or certified copies of documents are accepted.
Certification can be executed by individuals such as judges, solicitors, barristers, police officers, registered medical practitioners or a Justice of the Peace.
WHEN IS IT USED?
Interested in opening a new bank account, obtaining a credit card or receiving a driver licence?
If so, then you will be required to successfully pass the 100 point identification check.
Originally used by financial institutions, the test has been adopted and applied to a wider range of situations where identification verification is necessary.
For example, online document protection specialist Your Digital File has incorporated the check into its security system; in order to share or digitally sign a document, users must compete the 100 point identity check, thereby ensuring that confidential documents, such as wills, deeds or a power of attorney, are not only kept safe but are free from identity fraud.
The 100 point check is not fool-proof but it certainly reduces opportunism when it comes to fraud or identity theft.
If you think it’s difficult to find the appropriate documents then imagine how much harder it is for a criminal to come by the required paperwork.
In regards to allowing others to access your digital files, it is equally important that the same stringent identification process is adhered to when designating access to your important papers.
Ultimately, it is about impeding criminal minds, not helping them.
What do you think of the 100 point identification check?
Is it a necessary hassle or a largely ineffective system?
Do you have a story about scams to share?
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