This New Report Looks At How To Fight AI And Identity Fraud

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with identity verification and 52% are very concerned about credential compromise. With identity fraud on the rise and increased use of AI, the company says this shows the sophistication of and lack of education surrounding AI-generated content.

“Over half of the IT decision-makers said they were very concerned that AI technology will increase identity fraud, yet 48% were not confident they have technology in place to defend against AI attacks,” said Harding in an email interview. “Aside from the technology itself, only 52% expressed high confidence in their ability to detect a deepfake of their CEO.”

Harding says that AI has allowed threat actors to do more harm with fewer resources on a larger scale, posing serious consequences for businesses and consumers alike. “As a result, innovation has been pushed into overdrive in response to new technologies like artificial intelligence,” said Harding. “When it comes to breaches, it only takes one compromised identity to infiltrate an entire enterprise,” said Harding. “Attackers are exploiting vendors' weak security controls, resulting inHarding added that without strong identity security and governance, API security, and a least-privileged access model - an attacker can breach one workforce user’s account and move laterally, not just across a vendor’s systems but also its partners’ systems, to find and exploit valuable data.

 

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