CFOtech Australia - Technology news for CFOs & financial decision-makers

Synthetic Identity stories

Shadowy hacker desk uk credit card fraud crime thriller scene

Credit card fraud drives surge in repeat UK offenders

This month
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synthetic identity
Credit card fraud now has the UK’s highest repeat-offending rate, with 23% of perpetrators striking again as schemes grow more organised.
Business laptop screen authentic vs fake face biometric scan grid

iProov, HYPR join forces to combat AI-driven deepfakes

This month
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synthetic identity
iProov and HYPR integrate liveness checks with passwordless login to stop deepfake workers infiltrating enterprises at onboarding.
Biometric face scan half human half digital mask anti deepfake id

iProov, HYPR unite to combat deepfake workforce fraud

This month
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synthetic identity
iProov and HYPR partner to embed biometric liveness checks into workforce onboarding, tackling deepfake and synthetic identity fraud.
Hooded hacker biometric identity fraud uk passport dark web crime

Dark web sells UK ID packs to bypass bank biometrics

This month
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synthetic identity
Dark web vendors sell UK ID packs for about USD $30, helping criminals bypass biometric checks at banks and fintechs, AMLTRIX warns.
Why identity verification starts with accurate address data

Why accurate address data is the first line of identity verification

This month
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synthetic identity
Accurate address data is emerging as a critical, often overlooked weapon in the fight for reliable digital identity verification and fraud control.
Realtime deepfake detection split screen video call biometrics

1Kosmos & Reality Defender unite to combat deepfakes

This month
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synthetic identity
1Kosmos and Reality Defender have teamed up to embed real-time deepfake detection into remote identity checks amid a surge in AI fraud.
Bank security analyst monitoring ai deepfake facial analysis screen

Incode unveils Deepsight AI defence to combat deepfakes

This month
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synthetic identity
Incode launches Deepsight AI, a three-layer defence to spot and block deepfakes in real time for banks, tech platforms and governments.
7 fraud trends shaping the identity landscape

Top Fraud Trends and Considerations for 2026

This month
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synthetic identity
AI-driven fraud, deepfakes and synthetic IDs are redefining 2026 risk, forcing firms to ditch reactive tools for layered, intelligent defence.
Moody eu bank hq dusk glass facade biometric security checks

EU banks bracing for AML rules & major vendor shift

Last month
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synthetic identity
EU banks face a 2026 crunch as new AML rules spark a shake-up in KYC vendors, testing compliance strategies amid rising fraud risks.
Uk homebuyer anxious with laptop phone ids locked house terrace

AI identity fraud fears surging among UK homebuyers

Last month
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synthetic identity
UK homebuyers fear AI-fuelled ID fraud as two-thirds worry about fake documents yet still share sensitive data via email and messaging apps.
Shadowy hacker vs glowing ai shield advanced cyber defense scene

AI ‘agentic’ tools to drive surge in cyber fraud by 2026

Last month
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synthetic identity
Autonomous ‘agentic’ AI fraud tools set to intensify cybercrime by 2026, forcing firms to fuse human judgment with smarter machine defences.
European night skyline ai network cyber traffic attacks defense cloud

Radware warns 2026 will mark rise of ‘Internet of Agents’

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synthetic identity
Radware predicts 2026 will usher in an ‘Internet of Agents’, as AI-driven machines overtake humans in traffic, attacks and cyber defence.
Red digital skull vs blue cyber shield ai warfare defense

AI-driven cyber wars to reshape security in 2026

Last month
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synthetic identity
AI-powered attackers and defenders will clash in 2026, driving autonomous breaches, VPN failures and stricter rules that reshape cyber security.
Worried person screens distorted faces ai cybercrime online trust

AI-driven cybercrime to reshape online trust by 2026

Last month
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synthetic identity
AI-fuelled cybercrime will outpace human intuition by 2026, as deepfakes, emotional scams and synthetic identities erode online trust.
Uk property transaction face scan biometric id verification scene

Thirdfort adds iProov biometrics to fight UK ID fraud

Last month
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synthetic identity
Thirdfort adopts iProov biometrics to streamline UK property ID checks and combat AI-driven fraud in deals worth billions of GBP £1.6bn+.
Ps barley headshot high res

Stopping the growing threat of synthetic ID fraud

Last month
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synthetic identity
AI-fuelled synthetic ID fraud is surging, set to cost firms USD $23 billion by 2025 and USD $58.3 billion by 2030 without stronger checks.
How ekyc verification protects your business against fraud

Reducing the impact of AI-driven fraud in 2026

Last month
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synthetic identity
AI-driven fraud, including synthetic identities and real-time deepfake attacks, surges in financial services, prompting urgent defence upgrades for 2026.
Person wearing gloves using laptop shopping bags shadowy figure crime

Black Friday fraud spikes, testing retailers’ defences & sales

Sun, 23rd Nov 2025
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synthetic identity
Online fraud attempts nearly quintupled on Black Friday, forcing retailers to tighten checks and risking cart abandonment during peak sales season.
Faceless figure multiple masks uk map digital fraud identity theft

AI-driven identity fraud costs UK economy GBP £1.8 billion yearly

Fri, 21st Nov 2025
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synthetic identity
AI-driven identity fraud costs UK economy GBP £1.8 billion yearly, with synthetic identities causing 42% of cases amid rising festive season threats.
Realistic human face morphing into digital mask synthetic identity deepfake fraud

New data shows AI-driven fraud surges, professionals unprepared

Fri, 21st Nov 2025
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synthetic identity
Most anti-fraud experts report a surge in AI-driven fraud, yet under 10% feel prepared to combat rising deepfake and synthetic identity threats.