FRAUD & ID VERIFICATION
Cease continues : “ Looking beyond phishing , other major fraud vectors include more effective form stuffing attacks , increased use of fictitious synthetic identities pieced together from real user data and a proliferation of hard-to-detect deepfakes .”
These deepfakes are becoming ever more sophisticated , with services to create these false identities rife on the dark web .
US $ 4.7tn Corporate revenue being lost to fraud every year ( ACFE )
69 % proportion of executives and risk professionals expecting financial crime risks to increase ( Kroll )
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