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

Consumers continue to overestimate their ability to spot deepfakes

The Jumio 2024 Online Identity Study reveals significant consumer concerns about the risks posed by generative AI and deepfakes, including the potential for increased cybercrime and identity fraud. The study examined the views of more than 8,000 adult … Continue reading Consumers continue to overestimate their ability to spot deepfakes

Selfie spoofing becomes popular identity document fraud technique

Document image-of-image was the most prevalent identity (ID) document fraud technique in 2023, occurring in 63% of all IDs that were rejected, according to Socure. Selfie spoofing and impersonations dominate document-related identity fraud Document ima… Continue reading Selfie spoofing becomes popular identity document fraud technique

What the ID of tomorrow may look like

Few joys remain untouched by the necessity of identity verification. With its ubiquitous presence, the call for heightened security, improved accessibility, and seamless authentication resonates loudly for businesses and individuals alike. In response,… Continue reading What the ID of tomorrow may look like

Wire fraud scams escalate in real estate deals

In this Help Net Security video, Tyler Adams, CEO at CertifID, illustrates how the real estate sector needs to invest significant effort in educating consumers and implementing protective measures to safeguard real estate transactions. Recent CertifID … Continue reading Wire fraud scams escalate in real estate deals

Cybercriminals get productivity boost with AI

While AI technology has the potential to streamline and automate processes for beneficial outcomes, it also comes with an equal number of risks to data protection, cybersecurity, and other ethical concerns, according to iProov. Digital ecosystems conti… Continue reading Cybercriminals get productivity boost with AI