AI and deepfakes are fueling account takeover attacks

AI-assisted source summary · not independently verified. Content standards

AI and deepfakes are being used to impersonate real consumers, fueling financial account takeover attacks and making it more difficult for businesses to protect accounts. Microblink says 30% of the failed fraud cases in its data involved forged US identity documents. Passing identity verification when creating an account does not guarantee that subsequent actions are legitimate, while the growing involvement of software agents in digital interactions also makes it important to continuously assess the operator’s identity and authorization relationship.