Online crime-as-a-service skyrockets with 24,000 users selling attack tools

The growth of AI-based technology has introduced new challenges, making remote identity verification systems more vulnerable to attacks, according to iProov. Innovative and easily accessible tools have allowed threat actors to become more sophisticated… Continue reading Online crime-as-a-service skyrockets with 24,000 users selling attack tools

Self-sovereign identity could transform fraud prevention, but…

The way we manage digital identity is fundamentally broken. The root of the problem lies in traditional, centralized identity models, where a single organization holds and controls a user’s credentials, creating an attractive target for attackers. The … Continue reading Self-sovereign identity could transform fraud prevention, but…

What you can do to prevent workforce fraud

In this Help Net Security interview, Benjamin Racenberg, Senior Intelligence Services Manager at Nisos, discusses the threat of workforce fraud, particularly DPRK-affiliated IT workers infiltrating remote roles. With HR teams and recruiters often unpre… Continue reading What you can do to prevent workforce fraud

Deepfakes force a new era in fraud detection, identity verification

The rise in identity fraud over the past two years has significantly impacted all industries, especially finance, banking, fintech, and crypto, according to Regula. With deepfakes threatening every second company around the world, businesses won’t be a… Continue reading Deepfakes force a new era in fraud detection, identity verification

Overwhelmed by fraud? Here’s how financial pros fight back

In this Help Net Security interview, Patrick Harding, Chief Architect at Ping Identity, discusses the growing threat of deepfake-related fraud and its impact on financial security. He also discusses overlooked vulnerabilities in digital banking and off… Continue reading Overwhelmed by fraud? Here’s how financial pros fight back

Crypto companies are losing ground to deepfake attacks

The crypto sector stands out as the only surveyed industry where deepfake fraud surpasses traditional document fraud in prevalence, according to Regula. Crypto companies suffer significant losses from fraud The study finds that 57% of crypto companies … Continue reading Crypto companies are losing ground to deepfake attacks

How hybrid workforces are reshaping authentication strategies

In this Help Net Security interview, Brian Pontarelli, CEO at FusionAuth, discusses the evolving authentication challenges posed by the rise of hybrid and remote workforces. He advocates for zero trust strategies, including MFA and behavioral biometric… Continue reading How hybrid workforces are reshaping authentication strategies

Fighting AI-powered synthetic ID fraud with AI

Aided by the emergence of generative artificial intelligence models, synthetic identity fraud has skyrocketed, and now accounts for a staggering 85% of all identity fraud cases. For security professionals, the challenge lies in staying one step ahead o… Continue reading Fighting AI-powered synthetic ID fraud with AI