Security News > 2022 > January > Preventing document fraud in a world built on digital trust

All digital markets are built on trust and that trust has been reduced to an algorithm driven by proof of identity, which currently remains heavily reliant on formal documents such as a passport or driving license.

Among the various methods used by those committing criminal fraud, an alarmingly common and effective tactic designed to defeat many existing automated technologies is the use of "Synthetic identities." This is where real and fictitious identity fragments are combined specifically to evade fraud detection processes.

Detecting fraud within documents that have been digitally altered with graphics editors or "Print-manipulate-scan" evasion techniques requires more sophistication.

Often undetectable to human fraud specialists, building an automated solution requires specialist knowledge of the metadata and digital footprints left by scanning and printing devices.

Looking beyond single documents for signs of manipulation across multiple documents at once can reveal patterns indicative of serial or organized fraud.

If automation is going to play a full role in allowing organizations to balance fraud prevention against the customer experience, they will need to draw on next-generation, AI and ML powered solutions.

News URL

https://www.helpnetsecurity.com/2022/01/04/preventing-document-fraud/