HomeEverythingEducation
Equities & FundsCrypto & Digital AssetsAI & TechnologyBusiness & CorporateUS Politics & PolicyGeopolitics & Global RiskMacro, Rates & FXCommodities & EnergyEuropean Politics & MarketsAsia-PacificReal Estate & Property
Story archiveAll categories
← All Stories

Identity fraud evolves beyond fake documents, study finds

Created at 3 Jun · 12:47 PM1 source↑ Market-relevant
IN SHORT

A new study by Regula reveals that identity fraud is increasingly involving deepfakes and AI agents, making digital interactions appear legitimate even when their origin is unclear. Businesses are now as concerned about deepfakes as they are about traditional document fraud and stolen credentials.

✉Newsletter

PiQ Daily

Pick your topics. Get only what matters, on your cadence.

Who's Involved

Regula
global developer of identity verification solutions that conducted the study

↳ Why This Matters

The evolving nature of identity fraud, incorporating sophisticated deepfakes and AI agents, poses a growing risk to businesses and the integrity of digital interactions, necessitating advanced verification methods.

Key facts

  • Identity fraud now includes deepfakes and AI agents, according to a Regula study.
  • Businesses are as concerned about deepfakes as document fraud and stolen credentials.
  • Digital interactions increasingly appear legitimate despite unclear origins.

A study by Regula, a developer of identity verification solutions, indicates that identity fraud has evolved beyond traditional methods like fake documents or stolen credentials. Deepfakes are now a significant concern for businesses, comparable to the worries associated with document fraud and identity spoofing using stolen credentials. Furthermore, the study highlights the emergence of AI agents and automated systems acting on behalf of users as a new identity-related challenge. A key finding is that digital interactions are becoming increasingly sophisticated, appearing legitimate even when the source or authenticity is difficult to ascertain. This shift presents new complexities for businesses in verifying identities.

Frequently asked questions

The Regula study identifies deepfakes and AI agents acting on behalf of users as new forms of identity fraud.

Businesses are now almost as concerned about deepfakes as they are about document fraud and identity spoofing using stolen credentials.

Digital interactions increasingly appear legitimate even when their origin remains unclear, making verification difficult.

Get the newsletter.

Pick the topics you actually care about. We'll email when there's news worth your time, on the cadence you choose. Cancel any time from your account.

Cadence

How It Developed

3 Jun · 12:31 PM
A Regula study reveals deepfakes are a growing concern for businesses, nearly matching document fraud and stolen credentials.
Financial Post via PiQSuite

Sources

T1
Identity Fraud Doesn't Look Fake Anymore, Regula Study Findsm.piqsuite.com

Related Stories

Google's SynthID debunks AI-generated Mitch McConnell hoax image
8 Jul · 8:45 PM
OpenAI launches GPT-Live voice models for simultaneous listening and speaking
8 Jul · 5:56 PM
World Cup marred by AI-generated racist misinformation
8 Jul · 2:55 PM
AssuranceAmerica Data Breach Exposes Millions of Driver's Licenses
8 Jul · 4:35 PM
Nvidia CEO Jensen Huang: Engineers prefer building AI agents to coding
9 Jul · 5:35 AM