Industry Insight: AI-assisted fraud is growing faster, more sophisticated. What's the latest in identity-centric solutions? episode artwork

EPISODE · Dec 2, 2024 · 20 MIN

Industry Insight: AI-assisted fraud is growing faster, more sophisticated. What's the latest in identity-centric solutions?

from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3

Digital forgeries surged by 244% in 2024, with deepfake attacks occurring every five minutes, according to a new report by Entrust, a global leader in identity-centric security solutions. The report which shows an increasing level of sophistication when it comes to cybercriminal methods found that the financial sector was the hardest hit. What can organisations do to combat challenges in AI-driven fraud? Simon Horswell, Senior Fraud Specialist at Entrust sheds light on the latest advancements in the digital identity solutions space, and why a layered approach to security with multiple defences might be the best way to guard against digital forgeries.See omnystudio.com/listener for privacy information.

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Industry Insight: AI-assisted fraud is growing faster, more sophisticated. What's the latest in identity-centric solutions?

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