Remove Deepfake Remove Procedures Remove User Authentication
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Banking Execs Must ‘Wake Up’ as Security Measures Fail to Keep Up With Biometric Fraud

The Fintech Times

Banks are coming under an increasingly intense barrage of cybersecurity attacks, and many of these now use deepfakes and generative AI to make the initial breach. Presentation or liveness attacks have surged 40 per cent this year, as malicious actors attempt to undermine video-based KYC procedures. Michael Marcotte, CEO of artius.iD

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How Does Liveness Detection Help Stop More Fraud

Fi911

This procedure, typically lasting less than two seconds, might slightly extend its duration (depending on active or passive operational mode). The system can discern real individuals from static visuals, or people using deepfake technology to impersonate another user. Active methods, for example, may require a tad more time.