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The Evolution of Synthetic Identities & Fraud
Date 04:05 PM - 04:55 PM (0 hours 50 minutes)
Tuesday, April 18
Cybersecurity & Risk
The speed of money movement and technology have only exacerbated the damage caused by synthetic identities. This damage has spilled out of traditional financial sector into the fintech space particularly because they are exposed on their belief of data integrity. It is this blind trust in data that allows synthetics to take advantage of fintech and other sectors such as health care, buy now, pay later (BNPL) and challenger banks. The very technology used to make things easier for consumers is the same that is being manipulated to commit massive amounts of fraud. In this session, attendees learn how credit is manipulated and the next phase of synthetics using deep fake technology.