AI‑driven fraud: A rising threat to digital platforms
The AU10TIX report reveals a new wave of AI-driven identity fraud challenging digital platforms.
The latest Global Identity Fraud Report by AU10TIX highlights a growing threat posed by AI-based attacks. An analysis of millions of transactions from July to September 2024 shows that digital platforms, particularly social media, payment systems, and cryptocurrencies, face unprecedented challenges.
Evolution of fraudsters' tactics
Fraud has evolved from simple document forgery to advanced synthetic identities, deepfake images, and automated bots that can bypass traditional verification systems. Before the U.S. presidential elections in 2024, social media experienced a dramatic increase in bot attacks. The report indicates that attacks on social media accounted for 28% of all fraud attempts in Q3 2024, a significant increase from 3% in Q1.
These attacks focus on misinformation and large-scale manipulation of public opinion. AU10TIX highlights that bot-driven disinformation campaigns use advanced Generative AI (GenAI) elements to avoid detection. This innovation allows attackers to scale operations while bypassing traditional verification systems.
Rise of synthetic selfies
One of the most striking findings in the report is the emergence of 100% synthetic deepfake selfies—hyper-realistic images designed to circumvent verification systems. AU10TIX emphasizes that these synthetic selfies pose a unique challenge to traditional KYC (Know Your Customer) procedures.
AU10TIX recommends that organizations go beyond traditional document-based verification methods. A key recommendation is adopting behaviour-based detection systems that delve deeper than standard identity checks. By analyzing user behaviour patterns, such as login routines, traffic sources, and other unique behavioural cues, companies can identify anomalies indicative of potentially fraudulent activity.
The use of AI in crime
The use of artificial intelligence in crime has become a serious threat to cybersecurity. The FBI warns that this technology allows fraudsters to create realistic content that facilitates fraud. The rapid generation of fake documents and images is becoming more common, requiring increased vigilance and caution online.
Education and cooperation
Education and cooperation are becoming crucial in the fight against cybercrime. Not only law enforcement agencies but also users must be aware of threats and prevention methods. Regularly reporting suspicious activity and exercising caution when sharing data form the foundation of protection in the digital age.
