Category Archives: Synthetic identity theft

We’re Entering the Age of Unethical Voice Tech

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In 2019, Google released a synthetic speech database with a very specific goal: stopping audio deepfakes.  “Malicious actors may synthesize speech to try to fool voice authentication systems,” the Google News Initiative blog reported at the time. “Perhaps equally concerning, public awareness of “deep fakes” (audio or video clips generated by deep learning models) can […]

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Synthetic Identity Theft: When Everybody Knows Your Name

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You probably have a place where everyone knows your name — and maybe your address and your birthday and your favorite drink. That place could be your favorite restaurant, your office or your grandma’s house. It doesn’t matter where that place is; when everyone in the room greets you by name, it gives you a […]

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Synthetic identity theft is the fastest-growing financial crime in the U.S.

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A new kind of identity theft that combines stolen personal data with fabricated information is on the rise, and it’s helping more digital thieves ruin Americans’ credit without fear of detection, according to a new white paper from the U.S. Federal Reserve. Known as “synthetic identity theft,” the tactic is distinct from traditional forms of identity fraud. Instead of stealing a person’s name, Social Security number and opening lines of credit, thieves combine a fake name and other fictional personal data such as a date of birth with a true Social Security number. It’s the fastest-growing type of financial crime in the U.S. thanks mostly to a huge uptick of personal information exposed in data breaches in recent years, according to the paper published Monday. “With synthetic ID fraud you can run the same playbook over and over again with 10 or 20 identities and they can’t even track you […]

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