The Challenge of Stopping Identity Fraud
In the era of the rising of digital transactions, identity fraud has become a persistent and escalating threat with significant consequences for individuals, businesses, and governments globally. The proliferation of personally identifiable information (PII) through social media and public sources, coupled with the anonymity of online interactions, has empowered fraudsters. Over the years, the landscape of identity fraud has continued to evolve, necessitating advanced strategies to combat this trillion-dollar problem. While past approaches may still hold relevance, new technologies and tactics are shaping the future of identity fraud prevention.
