AI-Based Attacks
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Fraud Management & Cybercrime
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ID Fraud
Artificial Intelligence has fundamentally altered the threat landscape, giving old social engineering tactics sophisticated new capabilities. From $25 million deepfake corporate heists to near-instantaneous voice cloning and highly convincing phishing campaigns, static defenses are no longer enough to protect your organization.
In this insightful session, identity security experts break down how generative AI is amplifying digital deception across every stage of the user journey—from registration to transaction and support.
Key Takeaways:
- The Evolution of Deception: How fraudsters utilize AI-driven deepfakes, voice cloning, and advanced phishing to bypass traditional security.
- Why Static Defenses Fail: A look at the critical…
Identity theft is the “foundational” fraud upon which many other crimes are built. It involves the unauthorized acquisition and use of a person’s personal identifying information (PII), such as an ID number, Social Security number, or passport details.
- How it works: Fraudsters obtain PII through data breaches, mail theft, or “social engineering” (tricking people into revealing details). Once they have this data, they can open new bank accounts, apply for credit cards or loans, and even receive medical treatment under your name.
- Synthetic Identity Fraud: A sophisticated variation where criminals combine real and fabricated information to create a completely new, “synthetic” person. This is particularly difficult to detect because there is no single victim to report the suspicious activity initially.