Digital forgeries surged by 244% in 2024, with deepfake attacks occurring every five minutes, according to a new report by Entrust, a global leader in identity-centric security solutions. The report which shows an increasing level of sophistication when it comes to cybercriminal methods found that the financial sector was the hardest hit. What can organisations do to combat challenges in AI-driven fraud?
Simon Horswell, Senior Fraud Specialist at Entrust sheds light on the latest advancements in the digital identity solutions space, and why a layered approach to security with multiple defences might be the best way to guard against digital forgeries.