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The Rise of Frankenstein Fraud for Synthetic Identities

Kathleen Peters, chief innovation officer, Experian More fraudsters are using artificial intelligence to generate “Frankenstein faces” for use in synthetic identity fraud. Kathleen Peters of Experian outlines this disturbing development in fraudster behavior, as outlined in the firm’s 2021 Future of Fraud Forecast. “Out in the marketplace, there s been an availability of AI-generated faces, which are very realistic,” she says. “This allows fraudsters to put a very real seeming face with this fake identity that they ve created” to help them circumvent layered fraud-detection efforts, she adds. In a video interview with Information Security Media Group, Peters discusses: The emergence of AI-generated faces in synthetic identity fraud;

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