Development of a Conceptual Framework for Managing Identity Fraud

This paper builds a conceptual identity fraud enterprise management framework. The model is constructed through analysis and synthesis of models from academic literature, reports by industry professionals, and grounded through interviews with Australian-based industry experts. Models identified include, cost of identity fraud, identity and identity fraud risk management, identity fraud profiling, fraud risk management, accounting and auditing, corporate and internal fraud, computing abuse, and e-fraud prevention. The proposed framework´s strengths include, robust stages within anticipatory, reactionary and remediation phases, and covers internal and external crimes, including traditional (offline) and electronic (online) crimes. The stages are well defined, comprehensive, encourage teamwork, are scaleable and reflective to permit learning and change to be incorporated to minimize identity fraud and related crimes