Account Takeover Fraud , Fraud Management & Cybercrime
OnDemand: AI and Changing Identity Threats to Online Fraud Risk
Organizations globally are seeing exponential increases in online identity threats now sourced from AI-generated content on the Dark Web. This is causing financial losses to consumers and businesses that are actively being targeted. The FTC disclosed “consumers reported losing more than $10 billion to fraud in 2023”- a new benchmark. Sophisticated “zero-click” device compromises and increases in Gen-AI created social engineering phishing and smishing content are flooding user devices. As digital tokens and passkeys are challenged to replace passwords, online identity continues to experience ever increasing sophisticated account takeovers.
Online Identity Assurance provides much needed risk prevention and continuous authentication throughout user online sessions, not just at the front door. The key to solving these sophisticated threats are multiple touch points that evaluate risk using Behavioural Biometrics, the data behind a real person’s device habits. Advanced risk assessments help prevent account takeovers while transparently improving the user online experience through reduced friction.
Join this session to learn more on the above and the following:
- How AI threats are compromising call centers and exposing customers to increasing account takeover;
- Current and emerging identity threats from synthetic media (Deepfakes, etc.);
- Overview of Artificial Intelligence (AI) New Exploits and Threats.
