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Deepfake Dangers Escalate: AuthenticID Unveils Troubling Trends in 2025 Fraud Report

The Fintech Times

Predictions within the report suggest that this type of fraud will become even more prevalent than ransomware in 2025. The use of deepfake technology and generative AI is also on the rise, compounding the threat range.

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The platform risk paradox: Managing digital commerce fraud at scale

The Payments Association

The recent wave of cyberattacks and ransomware highlights the need to strengthen defences now rather than become the victim of an attack." AI-driven scams leverage sophisticated attacks from phishing emails to deepfake videos and voice impersonations. However, payments leaders are fighting back with AI-powered defences.

Risk 88
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iProov Highlights Role of Biometrics in Combatting Deepfakes and Misused Generative AI

The Fintech Times

In the wrong hands, however, it can be incredibly harmful, especially with the emergence of deepfakes. A new survey from iProov , the biometric solutions provider, has revealed the attitudes on the threat of generative AI and deepfakes across the UK, US, Brazil, Australia, New Zealand and Singapore.

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Digital Document Forgeries Overtake Physical Forgeries For the First Time As Deepfakes on the Rise

The Fintech Times

In its sixth edition, the 2025 Identity Fraud Report found that attacks involving deepfakes happened every five minutes in 2024, and digital document forgeries increased by 244 per cent year over year. Another way fraudsters are abusing financial firms is through AI-assisted deepfakes. per cent of attacks globally).

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Deepfake Disruption in Financial Services

Trade Credit & Liquidity Management

As financial institutions navigate a rapidly digitizing landscape, the rise of AI-generated deepfakes is no longer a fringe concern—it’s a growing enterprise risk. “Deepfake technology has emerged as both a marvel and a menace,” continued Miyachi.

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USD $2.2 Billion Stolen Despite Decline In Global Crypto Crime

Fintech News

From high-profile ransomware attacks and terrorist financing to scams that wiped out millions in savings, global crypto crime has become an urgent concern. Ransomware Hits an All-Time High 2024 also witnessed an unprecedented surge in ransomware attacks globally, with over 5,600 publicly reported cases.

Crime 89
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Experian: Young Fraudsters and Cybercriminals Hacking Eachother Could be Trends in 2025

The Fintech Times

While supply chain breaches and ransomware dominated the cyber landscape in 2024, AI-related incidents will likely become a major headline maker in 2025,” said Michael Bruemmer , vice president of Global Data Breach Resolution at Experian.