The Fintech Times

FEBRUARY 3, 2025

The report highlights a 76 per cent surge in phishing attempts and a 42 per cent increase in fake IDs and suspicious biometric transaction detections, signaling a shift towards more sophisticated fraud methods. Predictions within the report suggest that this type of fraud will become even more prevalent than ransomware in 2025.

Deepfake 81

Deepfake Account Takeovers Identity Theft Verification 81

The Fintech Times

AUGUST 14, 2024

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.

Deepfake 75

Deepfake AI Phishing Ransomware 75

The Fintech Times

NOVEMBER 20, 2024

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).

Deepfake 69

Deepfake Phishing Account Takeovers AI 69

Fintech News

FEBRUARY 10, 2025

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 72

Crime Ransomware Scams Phishing 72

The Fintech Times

DECEMBER 5, 2024

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.

Data Breach 59

Data Breach Breach Ransomware Deepfake 59