High-profile fraud threats are escalating as AI-driven schemes become more sophisticated. Cybercriminals are leveraging advanced AI to create convincing synthetic identities, deepfakes, and zero-click malware, leading to unprecedented financial losses for businesses and high-net-worth individuals. The FTC reports over $10 billion in consumer fraud losses in 2023, a grim milestone reflecting the evolving nature of these threats.
By utilizing Behavioural Biometrics and continuous risk assessments throughout user sessions, it is possible to detect and prevent account takeovers and other AI-driven fraud, ensuring a secure and seamless user experience.