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When synthetic identity fraud looks just like a good customer

AuthenticID, cybercrime, cybersecurity, Deloitte, fraud, identity theft, News, Sumsub /

When synthetic identity fraud looks just like a good customer 2025-06-26 at 07:30 By Sinisa Markovic People may assume synthetic identity fraud has no victims. They believe fake identities don’t belong to real people, so no one gets hurt. But this assumption is wrong. What is synthetic identity fraud? Criminals create fake identities by combining […]

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Self-sovereign identity could transform fraud prevention, but…

AuthenticID, cybersecurity, Don't miss, Expert analysis, Expert corner, fraud, Hot stuff, identity, identity verification, opinion, Privacy /

Self-sovereign identity could transform fraud prevention, but… 2025-02-07 at 10:03 By Help Net Security 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 bigger the database, the

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AuthenticID360 blocks AI-generated IDs during digital onboarding

AuthenticID, Industry news /

AuthenticID360 blocks AI-generated IDs during digital onboarding 2024-10-25 at 11:34 By Industry News AuthenticID released AuthenticID360, its new holistic identity verification platform. AuthenticID360 delivers robust verification and risk signaling capabilities, including a 2-second response time for identity transactions. A unified solution for comprehensive identity verification and risk scoring AuthenticID360 combines ID verification, biometric authentication, KYC

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AuthenticID Velocity Checks detects fraudulent activities

AuthenticID, Industry news /

AuthenticID Velocity Checks detects fraudulent activities 2024-10-03 at 10:31 By Industry News AuthenticID released Velocity Checks, a new tool that integrates with its comprehensive identity verification and fraud prevention platform. The solution leverages biometric and document analysis to detect multiple identities for fraudulent activities in real-time. Fraudsters can use different names with the same image

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AuthenticID enhances Smart ReAuth to combat AI-based attacks and account takeovers

AuthenticID, Industry news /

AuthenticID enhances Smart ReAuth to combat AI-based attacks and account takeovers 2024-08-28 at 17:31 By Industry News AuthenticID announced the newest release of Smart ReAuth. Smart ReAuth is a reauthentication solution that leverages a selfie to re-confirm an identity. First released in 2021, this enhanced version offers verifications in less than one second, with rapid

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Fighting AI-powered synthetic ID fraud with AI

Artificial Intelligence, authentication, AuthenticID, biometrics, Compliance, cybersecurity, Don't miss, Expert analysis, Expert corner, fraud, Hot stuff, identity, identity verification, News, opinion /

Fighting AI-powered synthetic ID fraud with AI 2024-07-18 at 07:31 By Help Net Security 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 of these evolving threats.

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AuthenticID introduces deep fake and generative AI detection solution

AuthenticID, Industry news /

AuthenticID introduces deep fake and generative AI detection solution 2024-06-12 at 12:01 By Industry News AuthenticID released a new solution to detect deep fake and generative AI injection attacks. This new enhancement to their identity verification technology, developed by AuthenticID’s Product and Applied Research team, uses proprietary algorithms to prevent the majority of digital injection

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How AI is revolutionizing identity fraud

AuthenticID, cybercrime, cybersecurity, fraud, identity theft, News, report, survey /

How AI is revolutionizing identity fraud 2024-02-09 at 06:02 By Help Net Security Nearly half of businesses reported a growth in synthetic identity fraud, while biometric spoofs and counterfeit ID fraud attempts also increased, according to AuthenticID. Consumers and businesses alike are facing new challenges in today’s digital existence, from considering the ramifications of digital

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