Synthetic identity fraud
Erie County Puts the Kibosh on Biometric Data Collection by Retailers
Teri Robinson | | AI Governance, biometric data, Biometrics Transparency and Privacy Act, Cybersecurity, Data Privacy, deepfakes, Erie County, facial recognition, New York, Synthetic identity fraud, Wegmans
Remember that face—retailers like grocery chain Wegmans are using facial recognition to identify miscreants, but legislators in Erie County New York says that’s not cool. They recently passed Biometrics Transparency and Privacy Act than ...
Security Boulevard
AI vs. AI: Why Deepfake Detection Alone Won’t Protect Your Enterprise
Sandy Kronenberg | | AI impersonation attacks, AI vs AI security, AI-powered social engineering, behavioral biometrics, Continuous Authentication, deepfake fraud, digital trust erosion, enterprise deepfake defense, enterprise identity verification, generative AI fraud, metadata-based verification, multimodal deepfake detection, phishing vishing deepfake, real-time identity validation, synthetic CEO fraud, Synthetic identity fraud, synthetic media attacks, video deepfake security, voice cloning scams
Deepfake-powered fraud is exploding as attackers weaponize AI to impersonate executives and bypass trust. Learn why detection alone fails and how AI-driven verification restores security ...
Security Boulevard
TransUnion Report Highlights Increasing Risk from Synthetic Identity Fraud
Tony Bradley | | Blog, ecommerce, Fintech, Identity Theft, omnichannel fraud, Security Awareness, strategy, Synthetic identity fraud
A new and unsettling threat has emerged on the financial horizon: synthetic identity fraud. TransUnion released its “Omnichannel Fraud in H1 2023” report today, which reveals that this modern method of deceit ...
Deep Dive into Synthetic Identity Fraud
Alina Bizga | | child identity theft, Digital Privacy, Fraud, Identity Theft, social security number, synthetic identity, Synthetic identity fraud
The fraud landscape is evolving and, as the world becomes increasingly digital, so do the criminals. From petty schemes to high-class social engineering strategies, fraudsters cash out on billions each year. Creating ...
UniCredit leaks 3 million customer records in data breach
Filip Truta | | bank, Data breach, Data leak, Industry News, personally identifiable information, Synthetic identity fraud
Italian banking giant UniCredit has suffered a “data incident” that exposed 3 million customer records, including full names, phone numbers and email addresses. UniCredit issued an urgent security notice yesterday announcing that ...
Synthetic identity fraud to drive $48 billion in annual losses by 2023 – Juniper Research
Filip Truta | | Data breach, Fraud, identity fraud, Industry News, research, synthetic fraud, Synthetic identity fraud
Online payment fraud losses will reach $48 billion annually by 2023, up from the $22 billion in losses projected for 2018, a new study from Juniper Research has found. Juniper’s new research ...

