Security News > 2023 > April > AI verification systems give businesses an edge over scammers

Fraudsters are underestimating the power of AI to detect fake IDs, according to a new report from Ondato.

Based on an analysis of millions of ID verifications carried out for its customers in 2022, Ondato found that ID cards were used in 52% of fraudulent verification attempts - far ahead of driving licences and passports.

ID cards used in over half of fraudulent verification attempts.

While recognizing a fake card is quite difficult to the naked eye, today's AI-powered ID verification systems now give companies the power to spot the scammers with automated checks.

AI-powered ID verification improves security for businesses.

"Ondato's report highlights the frequency of fraud attempts but also the ways in which high-quality AI verification can catch fraudsters out. AI can deal with even sophisticated threats including biometric spoofing and photo and user replay video attacks. To meet the threat, companies need automated AI solutions that protect against fraud and make processes more efficient," said Liudas Kanapienis, CEO of Ondato.

News URL

https://www.helpnetsecurity.com/2023/04/17/fraudulent-verification-attempts/