Synthetic Identity stories

AI-driven fraud, including synthetic identities and real-time deepfake attacks, surges in financial services, prompting urgent defence upgrades for 2026.

Online fraud attempts nearly quintupled on Black Friday, forcing retailers to tighten checks and risking cart abandonment during peak sales season.

AI-driven identity fraud costs UK economy GBP £1.8 billion yearly, with synthetic identities causing 42% of cases amid rising festive season threats.

Most anti-fraud experts report a surge in AI-driven fraud, yet under 10% feel prepared to combat rising deepfake and synthetic identity threats.

London payments firm xpate partners with SEON to offer merchants real-time AI tools combating rising fraud without delaying transactions globally.

AI-driven cyber threats demand modern Security Information and Event Management systems to enhance detection, reduce costs, and improve resilience.

A WestJet data breach exposed passengers' passports and IDs, heightening risks of long-term identity theft and synthetic fraud schemes globally.

AI is driving a rise in complex social engineering attacks, with 41% of organisations facing more cyberattacks and many ill-prepared to defend against them.

Forter launches new tools to help retailers track and manage rising agentic AI traffic, boosting fraud detection and enhancing eCommerce security.

Forter launches new AI agent detection tools to help retailers monitor and mitigate rising fraud and risks in agentic AI-driven digital commerce.

The results of the first of four Canadian government-run workshops were released in a report.

iProov forecasts that by 2025, deepfake technology will threaten news integrity and financial markets, prompting urgent calls for stronger identity verification.

Growing sophistication of cybercriminal identities threatens Australian enterprises, as only over one-third implement multi-factor authentication, leaving them vulnerable to AI-driven attacks, reports Ping Identity.

It may start with a few stolen details online, but it could end with thousands of dollars missing or worse, a reputation down the drain.