2024 Identity Fraud Report: The Rise of Fraud-as-a-Service and AI-Driven Tactics

The 2024 Identity Fraud Report by Au10tix reveals that fraud-as-a-service (FaaS) has allowed novice fraudsters to launch major cyber-attacks using accessible tools. Key findings include a significant rise in social media-targeted fraud and the need for advanced fraud prevention strategies. The report emphasizes the evolving landscape of identity fraud driven by AI technologies and suggests…

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Gartner Releases First Magic Quadrant for Identity Verification Assessment

Gartner has published its first Magic Quadrant for Identity Verification, classifying 11 companies into Leaders, Challengers, Visionaries, and Niche Players. Leaders include Sumsub, Socure, and Entrust for their robust IDV products. Visionaries such as Mitek and Au10tix bring innovative strategies. Persona is noted as a Challenger, while Niche Players consist of 1Kosmos, GB Group, and…

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