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Identity verification firm Shufti projects document deepfakes will rise about 40-fold this year. That would make fake documents about four in five of the AI fraud attempts it blocks. I asked CTO Faryam Asif what sits behind the number. Document deepfakes are the fastest-growing type of AI fraud that Shufti blocks. They are identity documents … Read more
In 2025, deepfake-enabled fraud increased sharply, changing how attackers operate. This threat is now a top concern in cybersecurity predictions for 2026. Security teams, insurers, and brokers are working hard to keep up. One threat dominates. Deepfake-as-a-service has unleashed mass-market crimeware at alarming speed. The barrier for high-impact impersonation has plummeted. Attackers accelerate their cycles … Read more
Ghost students steal billions. Kids’ data sold on the dark web. Teens turn 18 to find loans they never took. That’s the warning from Michael Scheumack, Chief Innovation Officer at IdentityIQ, in a new episode of the Cyber Insurance News and Information Podcast, hosted by Executive Editor Martin Hinton. The discussion exposes how ghost student … Read more