Cybersecurity Predictions: Deepfakes and synthetic identities will open the door for the next wave of identity fraud | Vumetric

Deepfakes and synthetic identities will open the door for the next wave of identity fraud. Fraudsters are gaining access to ever-more sophisticated technologies for creating not just false ID images, but fake data records to back up that false identity. Traditional identity verification solutions are not equipped to detect these methods, and businesses large and small are at risk. To counteract this threat, companies will need to invest in more sophisticated verification technologies, including AI and machine learning algorithms, as well as staff trained to identify the tiny details that give away these new types of fraud

Sanjay Gupta, VP & GM of Corporate Development
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