Fraud Management & Cybercrime , Fraud Risk Management

Fighting Unemployment Benefits Fraud: Key Steps

Eva Velasquez of ITRC on Taking a Multilayered Approach
Eva Velasquez, CEO, Identity Theft Resource Center

The Department of Labor is offering $240 million in grants to states to help fight against unemployment benefits fraud. Eva Velasquez, CEO at the Identity Theft Resource Center, offers insights on making the most of this investment with a multilayered security approach.

See Also: New Approaches to Fighting Fraud

"The government needs to think about the next big threat because what works today is not going to work tomorrow," Velasquez says. "While we are talking authentication and verification, let's talk about policies around validation and re-verification. Having validation at multiple steps along the way and multiple places in that process will also help."

In a video interview with Information Security Media Group, Velasquez also discusses:

  • How to improve the process of providing benefits to help reduce fraud;
  • What it means to take a multilayered approach to security;
  • Why investing only in technologies is not enough.

Velasquez, president and CEO at the Identity Theft Resource Center, previously served as the vice president of operations for the San Diego Better Business Bureau and spent 21 years at the San Diego District Attorney’s Office. She is a recipient of the National Crime Victim Service Award from the Department of Justice and the Office for Victims of Crime and the Florence Kelley Consumer Leadership Award from the National Consumers League.

About the Author

Suparna Goswami

Suparna Goswami

Associate Editor, ISMG

Goswami has more than 10 years of experience in the field of journalism. She has covered a variety of beats including global macro economy, fintech, startups and other business trends. Before joining ISMG, she contributed for Forbes Asia, where she wrote about the Indian startup ecosystem. She has also worked with UK-based International Finance Magazine and leading Indian newspapers, such as DNA and Times of India.

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