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Fake People Ruining The Real World? Finance Might Have An AI Problem

AI-generated super synthetic identities are the bad actors’ newest tool in defrauding financial institutions, but the widespread impacts don t stop there.

Wakefield researchForbes technology councilTechnology councilSari jacoby

Deduce Study Shows AI-Generated Fraud Surge | Crowdfund Insider

Deduce Study Shows AI-Generated Fraud Surge | Crowdfund Insider
crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.

United statesWakefield researchSari jacoby

AI speeds synthetic identity fraud, enabling human-like interactions

Fake identities are driving a boom in financial fraud. A new study has shown that AI-generated identity fraud has risen 17 percent over the past two years.

Sari jacoby

AI boosts growth in synthetic identity fraud

A new survey of 500 financial executives in the US shows a 17 percent increase in synthetic identity fraud cases over the past two years, with more than a third of professionals reporting a significant surge of 20 to 50 percent.

Wakefield research for deduceWakefield researchSari jacoby

How AI can fuel financial scams online, according to industry experts

How AI can fuel financial scams online, according to industry experts
knzr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from knzr.com Daily Mail and Mail on Sunday newspapers.

United statesAjay bhallaChristopher riganoNick shevelyovJustice departmentCalifornia department of financial protection innovationWakefield researchThomson reutersSari jacobySocial securityFinancial protectionThomas reutersSilicon valleyCory camp

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