Why Criminals Like AI for Synthetic Identity Fraud
March 5, 2024 at 05:37PM Generative AI technology is expected to boost cybercriminals’ synthetic identity fraud capabilities, with current fraud detection tools likely insufficient to counter this emerging threat. Cybercriminals leverage generative AI for creating fake documents, exploiting its widespread availability and affordability. Fighting synthetic identity fraud requires a multilayered approach, including AI and behavioral … Read more