Following research, identity proofing experts ID R&D have warned businesses that there has been a rise in the number of fraud attempts and cyberattacks leveraging deepfake technology, i.e. the use of AI-powered technology to create convincing videos of people. Research indicates that nearly half (42 per cent) of organisations have already encountered deepfake attacks.
ID R&D has also warned that injection attacks, where cyber criminals bypass the camera or inject digital content into the data stream, e.g. to help bypass biometric authentication, are also on the rise. These threats highlight the need for new products and services to help businesses defend themselves against increasingly advanced identity theft attacks.