Our Identity Fraud Report 2024 looks at the hard numbers behind identity fraud. Learn why we're seeing deepfakes 3,000% more frequently, which industries are being targeted, and which documents are most vulnerable around the globe.
Welcome to the Fraud Lab, where unraveling mysteries is our forte, and scams are exposed without mercy, with the goal of arming you with fraud-fighting knowledge.
In this episode, imagine if your fingerprints, face, and even your heartbeat were transformed into keys that open up your most sensitive information–your personal biometrics. Now, what happens if those keys fall into the wrong hands? A chilling thought, and it’s exactly why the stakes are sky-high. In the age of biometric technology, our uniqueness might just be the hacker's holy grail.
We chat with Simon Horswell, a long-time fraud expert, to get to the bottom of fraudster’s tactics and attempts to trick biometric tests. From print-outs to 2D and 3D masks, and now deepfakes and injection attacks — find out what you need to know to protect yourself and your business.
Next, we hear from Virginia Chiarentin, who focuses on selfie and video biometrics. She tells a tale of digital doppelgangers and fraud rings… A digital footprint here, a stolen ID there, all culminating in a masquerade ball where everyone's wearing your face. And they don't stop with one — it's a multiplying game. Their goal? To expose every nook and cranny in our defenses and commit fraud.
However, as Giulia de Nola shares, biometrics can be a double-edged sword. She shares how, despite the sophistication of fake documents and stolen identities, today’s fraud prevention technology uses AI and biometrics to detect even the best fraudulent attempts. Consistency is king — the smallest mismatch and it's game over for the imposters.
The takeaway: arm yourself with knowledge–start by watching this episode to discover details of biometric fraud in depth.
Virginia Chiarentin, Biometrics Expert, Onfido