Our research indicates that insurers surveyed recognize the importance of risk analytics for a range of business processes including investment selection, risk selection and pricing, fraud management and loss reserving.

FORBES: Analytics May Help Insurers Confront New Risk Environment

Yet no matter who actually placed the trades, this loss not only reflects poor risk management and weak internal controls but could also reveal fraud if it can be established that trading losses were intentionally hidden, as has been alleged (and is subject to investigation by regulatory authorities).

FORBES: Banksters: The Scandals Continue

More than 100, 000 have five or more numbers, and according to consumer risk-management firm ID Analytics, only 15-20% of those cases are related to fraud.

FORBES: Social Security Turns 75 And Still Can't Retire

"It's not going to stop any breaches, but it reduces your risk, " says Raul Vargas, fraud operations manager for Identity Theft 911, an identity-management solutions firm.

WSJ: Don't Let Tax Cheaters Target You