ID.me featured in the LA Times – California unemployment fraud could top $9 billion, double previous estimate, expert warns
Jan. 15, 2020
By Patrick McGreevy, LA Times
ID.me continues the fight against fraudulent unemployment claims across the country. This article focuses on our work with California EDD, where we’ve tracked some of the most staggering fraud statistics to date.
“After ID.me started screening claims in some states, the Virginia-based company was hit with cyberattacks originating in Hong Kong, Moscow and countries including Nigeria that were aimed at knocking out its computer system, although the attacks were foiled, Hall said.
Hall, whose company provides security for 14 states’ unemployment agencies, estimated that about 40% of claims in the Pandemic Unemployment Assistance program may be fraudulent.”